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#5 Chris Dixon: The State of Venture Capital
The Knowledge Project with Shane Parrish
You're Investing in the Idea, Not the Idea
Am: You're investing in the general direction of the idea, because just the world changes. I remember when drop box or eljus give, to take an example, raise their series. It was like two thousand eight, knowin at the time. Am: What youe really are kind of looking for is that these kind of black swan, anti fragile ideas of of youre really looking for am and no optionality.
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