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Jason Calacanis on Democratizing Venture Capital, How to Handle Large Winners, & Why The Price You Pay Matters...Even in Venture Capital | #469

The Meb Faber Show - Better Investing

CHAPTER

The Power Law in Investing

A number of these on paper, but I've seen two that have gone public that have shown both sides of what we were talking about earlier. The concept that an angel investor or a seed investor could get a thousand X, an investment doesn't exist in public markets. You have to get very comfortable with 80% of your company being worth zero. With the winning companies, the founders love you for me and Travis and Uber,. Robinhood and Vlad and Michael and Alex at calm.

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