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Keith Rabois on 2023 macro outlook, startup valuations, founder advice, ChatGPT vs Google | E1650

This Week in Startups

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Capital Allocator Class and VCs

Entitlement up and down the stack. If you would consider being the 7,234th developer at Facebook versus being the third developer at a startup, you have already made the decision. What about capital allocators? Because so many new venture firms were started in the last two or three years. A lot of people just don't have the right skills to be a good VC. And venture is a hard job actually, truthfully, is not as challenging as being a founder but it's not easy.

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