408. Workflow automation, LLMs impact on the Future of Work, Why Proprietary Data-Sets Will Win, How Business Models Will Change with AI, Why VCs should Focus on Revenue Growth and Not Markups (Lily Lyman)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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The Greater Fool Theory, Staying Small, and Focusing on Revenue Growth
The chapter explores the challenges of raising funds in venture capital and discusses the temptation to prioritize attractive multiples over building enduring shareholder value. It emphasizes the importance of staying focused, disciplined, and prioritizing revenue growth for business success.
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