
E1152: Keith Rabois on leaving Silicon Valley for Miami, Roaring Twenties 2.0, IPO spree & more
This Week in Startups
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The Things That Are More Frustrated to Me Are Not Failures
I think that the things that probably are more frustrated to me are actually not failures it's the successes that don't achieve the ambition or the size or magnitude they could have. If you're buying 20% of a company typically or 15% I mean it's got to hit two billion and now you've returned half the fund yeah congratulations. You ideally want to return the whole fund on likeYeah you need a five or ten billion dollar one to to get the hurdle so so you do have to kind of swing for the fences a little bit more like the baseball change where people are much moreYou know we're the basketball three point line I'm actually Darren Morrie's gonna come on the pond
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