Late Stage Venture Is About Late Stage Founders

a16z.news · · Cited by 3 articles from 1 source

"The whole premise of tech companies as attractive investments is that technology yields increasing returns to scale."

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"It goes against every investor's instinct to expect 100% a year revenue growth, over and over again, without eventually slowing down."

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"Late-stage venture is about late-stage founders. It's about a specific kind of person, who can keep deploying dollars attractively, indefinitely."

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