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#062 Meeting Charlie Munger and Starting RE Costseg with David Senra and Mitchell Baldridge
Smart Friends
The Dilemma of Software and Venture Investing
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"Software investing and venture investing are actually like totally diverging," he says. "Venture has come to mean like software and it's, it's just no longer a precise word." Software companies that could be earning money in month three or six should not be raising 3 out of 30 for the first few years they're new,. He adds: "We capture data, we permeate it and we give people a new outcome"
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