When Crat yoo started out, the start-up eco system was very closed. Now it's more open and people are trying to make a big impact in the world. He says he doesn't think investors invest pretraction or pre some kind of proof points. But there is an overhang between what was true and two thousand which is it is a closes system.
Banana Capital's Turner Novak joins to discuss breaking into venture, starting his own fund (11:08), what it's like being an emerging manager, rising valuations, and crypto (45:10). Turner also makes the case for quick commerce, group grocery buying in Latin America (1:04:03) and more!