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E034: Seans Skill Tree Framework, Personal Finance, Ad Efficiency at Scale, Avoiding Emotional bias

OPERATORS

NOTE

Evolution of Secondaries in VC Rounds

Secondaries in VC rounds were initially offered to enable founders to take a small amount of money to be comfortable and focus on growing their companies to achieve a billion-dollar valuation. However, this concept became distorted when founders started taking much larger amounts, such as 20 million dollars, leading to excessive wealth and potentially diverting their focus from the original goal of building a successful business.

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