
#1 Two Titans
Behind the Balance Sheet
00:00
Investing in Fintech
It was a really god example when en for first minute fund one, we we gate, only lost three out of 56 companies. But what n the team were so stressed about us losing a couple of companies, which were like less than one % of the fund ita. Whereas i was like, as you said, much more pragmatic itis like this adventure. If we're not getting some wrong, we're not going to get outside returns anyway. You know obviously where the winners are. I its fin tech, its a its people. Am tu creating new markets rather than just being iterative? This is thi zero to one point that peter teal expressed well in his book
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