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#969 David Sacks The Return Of Capitalism & Critical Thinking

The Pomp Podcast

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Are You a Mentor for Founders?

A lot of it's just undisciplined investing. Hayi i felt phoma have a big fund to have to deploy the capital. For founders, same exact problem, right? If you're a start up that's tripling year, ever year,. And thit'slike quite a few of those, right? You raised it a hundred times last year. Well, in just one year, it's going to be about 30, 30 times, 33 times because you've now tripled your a r r. The year after that, if you triple again, you're goig to get roughly ten times a r r and now you're tartig to look pretty cheap.

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