#276: Sad By Southwest (and Beyond)
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The Future of Venture Capital in Mobility Tech
Venture capital is all about the sloping average, finding that one company, right? Investing in a bunch of companies so that you hit that one that has the massive scale and the structural, transformative potential. There is no just like thing that is going to one thing that's going to completely replace cars. It'll be interesting to see if venture capital continues to fund companies that are more realistic about what their market is.
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