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ANGEL: Freestyle’s Jenny Lefcourt on nailing non-consensus bets and avoiding hype | E1704
This Week in Startups
The Importance of Having Capital in a Startup
Having a lot of capital if you really treat it as a treasury doesn't help product market fit. Kleine Perkins invested in my first company that's wedding channel dot com and we were loaded with capital when the dot-com bust happened. Some founders get to distract it by the fact that they don't have it so I think some founders got the memo real quick.
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