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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Founders Fund's Trae Stephens on Why The Most Competitive Deals are the Worst, Why No Company is Successful Because of their VC, Why We are Making ZIRP Mistakes Again Today, Why Loss Ratio is BS and Upside Maximisation is Everything

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Choose Strong Markets for Success

The best founders should target strong markets to increase the probability of success, even in average markets. Founders should aim for impactful ventures rather than choosing easy options for quick profit. Avoid starting trivial enterprises as a successful entrepreneur; instead, have a vision to make a significant impact on humanity. It is essential to back the founder's vision, even if the idea is disliked.

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