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

3810.241 - 3828.447 David Sacks

When you have absolutely no time diversity in this business, in a pool of capital, you're giving away one of your best edges. David just talked about it. As a smart practitioner, he was able to nurture these companies and all of a sudden they start to win. If you've all of a sudden flushed all your money in fund one, then you go to fund two, fund three. By the time something in fund one hits,