Hedge funds are not designed to write twenty million dollar cheques, they're not. And by the way, it's like thei'r very best companies. They still hold zoom, they still hold snowflake. Coto and dragoner and cotu and dragon are a part of this cohort of hedge funds dipping down,. correct yo.
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