8. Impact VC: Seth Bannon - Founding Partner @ Fifty Years
BIOS
How to Get the Most Out of a Technical Diligence
We're going to be backing 30 of these companies in each of our funds, right? And so we're actually really comfortable taking a decent amount of technical risk. If we back 30 companies, all of which have a 15 % chance of building whathey want build and if it's true that if they build it, it will be massully valuable, we wre ging to do really, really well. The other sort of unique thing to diligence is, ok, cool platform. What are you point at? Wen, right? Because oftentimes the issue ith these platforms is there so many things you could do with them,. Ah, you know, if you try and focus on all
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