20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

2570.333 - 2594.871 Shardul Shah

in terms of understanding the business in more detail, and therefore you have more texture and nuance and context. But again, you've got to always be aware of that line between delusional and conviction. So often people kind of have rose tinted glasses because it's so rare to see a company go from point of investment to a public company that you believe it's going to continue and sustain.