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

2189.931 - 2211.303 Jeff Wang

But if you are a $100 million hedge fund today, you don't know if you're gonna be in business in a year. It's hard to go recruit. It's hard to go spend money and say, we're gonna go build out a data science team. and you don't know how much time do I spend on recruiting, how much time do I spend on management, business building, LP, relationships, and that's before you get to the investing.