CNN's John Sutter is an angel investor and founder of a startup accelerator. He says he was shocked by how many successful companies were losing money in the private market. Investors often fail to see what founders can offer them that they can't give other firms, writes Sutter. Jc penny tried to come back but couldn't because it didn't have nimble management or employees who could change with the changing times," said Sutter.
Tiger Global, a crossover hedge fund, is moving at an unprecedented speed and scale in venture capital. Everett Randle of Founder's Fund joins Jason to break down Tiger Global's strategy, discuss the implications for the investing ecosystem (13:14), explain his "Walmart of VC firms" mental model (24:42), and more! Pod Notes: http://bit.ly/E1207Tnotes