Nostalgia and New Beginnings in New York | 2min snip from This Past Weekend w/ Theo Von

Speaker 2
And understand where they need to kind of fit themselves into this renewal cycle and find a new position that will be defensible for maybe the next 10 years or so. Yeah,
Speaker 1
or you have to invent a new category. You have to say, no, no, you keep what you've done. What you've done is perfect. You're very smart for having done what you did. We're not saying that. We're just saying that this is a new thing that's even more awesome. It's like, you know, you don't have to replace it. Just add it. Which is good because at the end of the day, what we said is also that the
Speaker 2
dynamicity of change, you know, the pace of change is improving, is increasing, the modularity of markets is increasing. So to some extent, creating a new category is going to be easier than in the past, right? Because as you look into a modular market, maybe you just create a new model that builds its own category, it will be easy to plug into the rest. It's not going to require major changes of everything else. You know, you just, especially with these universal duct tape that we have with AI, it's going to be easy to connect your piece into a bigger system. So good to also note down that, you know, embedding is going to be your major defense ability strategy, building a new category, it's going to be easier in a modular market. So these two things together, kind of, I would say, I would say, give hope, you know, otherwise, it's very, very, very hard. Well, here's
Speaker 1
the thing, you know, we're going to have a lot more startups, and we're going to have a lot more VCs over the next 20 years. Yeah. It's just the question is whether we're going to have a lot of outcomes. Like we might have a lot of $20 million outcomes, $50 million outcomes, $100 million outcomes. In which case, the venture model is going to be under threat. But it won't be, but still, a founder can still make $6 million, $12 million. Yeah,
Speaker 2
yeah, yeah.

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This Past Weekend w/ Theo Von

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