154: When the evidence is constructed around the narrative
Everything Hertz
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Is There a Hesitance Around It?
Some companies only ever exist to eventually be sold, because there's no way they could sanely commercialize the thing that they're making. Some people only want put 300 million dollars into a company that is raising money for the fifth or sixth time. And everything else between those two scales, incubators wante to give you a reasonable amount of money and take a lot of your equity early if they feel like what you're saying is a good idea. The problem with incredibly low interest rates and astonishing amount of money is that there's not a lot of ways, sometimes, where the market can genuinely punish you. If you throw around a lot of dumb investments into small things,. You say you
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