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The highly correlated portfolios in Silicon Valley are the ones that will get torched because most of those companies will receive very poor or no advice. And by the way, Sequoia who has had exceptional returns has always been known to be hard-nosed. You know, you just have to remember like there is no free lunch. We were not giving out free money here for you to go in one direction too far.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode