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Ep. 26 – Annie Duke on Why Life is Like Poker, Anatomy of Decision Making, and the Power of Quitting
The One Percent Show with Vishal Khandelwal
Venture Is All About Pattern Matching
Venture capital is all about pattern matching, right? Like I just see a good founder and I know it. But what really doesn't make sense is that you invest and then it's 10 years until you have the outcome. And so if we take venture, for example, like let's say that you invest at series B, well, series C is going to come around at some point. It's a necessary step in order to get to the exit. So that's going to happen relatively quickly. There's no reason that you shouldn't be able to close that loop really fast."
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