The Seen and the Unseen - hosted by Amit Varma cover image

Ep 213: A Venture Capitalist Looks at the World

The Seen and the Unseen - hosted by Amit Varma

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How Do We Get to Series One?

Venture capital is like poker it's a game of probabilities you're betting on the future and with whatever information you have you make the best bets that you possibly can. In many ways at each phase whether it's if you're the seat funder you're obviously not taking the company to ipo you're taking it to series one or series two. Do you think these incentives become a problem where you're sort of looking for what the next buyer down the line might want? Some uncharitable folks have even described the whole thing as a ponzi scheme you just sell to the greater fool down the road now.

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