Klaus Hommels, founder of Lakestar and a key player in European venture capital, shares his radical insights on investing. He argues that price sensitivity and portfolio strategies are outdated concepts. The discussion explores Europe's innovation challenges, highlighting its underfunding and the need for a shift in investment culture. Klaus recounts personal investment stories, including pivotal moments that led to significant returns, like his early bet on Spotify. He emphasizes the importance of concentrated investments and critiques Europe's military tech reliance.