Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump/Kamala

2937.155 - 2969.272 David Sacks

My gosh, venture is a really, really tough business. Every year for the last seven, six years, seven years, I have published my returns, which most VCs don't want to do. I do it because I go back and I look at it and I think having public accountability actually drives some good decisions. They may seem suboptimal in the moment, but they, in the long run, turn out to be good decisions.