Sebastian Mallaby: Venture capital as an engine of courage — #8
Manifold
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The Future of Venture Investing
Thrales i mistakenly thought, oh, buffet is getting old, some years ago. And it was a stupid mistake not to put some money in berkshire many years ago. So i'm curious what, if you have any ideas on how the industry is going to look ten years from now? My sense is that new innovations in terms of the check size of the investors will happen and they will change the industry around the margins,. But they don't change the coal if you think about innovations that have stuck. For example, angel investors were not really a factor until late 19 nineties. Now they are a big factor as incubators like why combinator take batches of founders and give
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