20VC: Sequoia Capital's $9BN Global Equities Fund on The Future for NVIDIA, Google & Meta | How to Play AI in the Public Markets | China & Europe: Is the Future Bleak | The Opportunity for Crossover Funds with Jeff Wang, Managing Partner @ SCGE

1127.283 - 1146.09 Jeff Wang

Where we have to be careful though is if it's now 18 months ahead in a three to five year investment time horizon, because now it really starts to impact your IRRs. And then we have to really think about trimming it back and maybe potentially rotating into something else. But if it's 10% too expensive, I don't sweat those details. I think about the big dials and the big dials are really...