389. The Surprising Challenge of Launching a Venture Fund, Analyzing AI Horizontally Versus Vertically, and Why Most Companies Are Overstaffed (Rob Biederman)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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The Reality of Overstaffing Companies
Fang: Most companies probably way over invest in science projects and way under invest in their current product. Fang: When money has no price, people tend to weigh over invest in adventures. "I suspect Google's free cash flow wouldn't change a bit for five years," he says.
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