There wasn't that much a competition on the supply of capital provider. So from twenty ten to 20 eighteen, you have a fairly limited amount of funds doing just insanely well. It's not been very or it's been very com tosee funds. If we learned anything from econ one, o one, when there's excess s like this, and by the way, this is at the same time, while people in the public markets, 15 per cent a year, ir r a, you know, s best in class. That gets you the gold medal, that gets you a apl peas.
Tiger Global, a crossover hedge fund, is moving at an unprecedented speed and scale in venture capital. Everett Randle of Founder's Fund joins Jason to break down Tiger Global's strategy, discuss the implications for the investing ecosystem (13:14), explain his "Walmart of VC firms" mental model (24:42), and more! Pod Notes: http://bit.ly/E1207Tnotes