How to unearth the next $BN business 💰 #20VC ou...
I love products that create markets. Slack created a market. Figma created a market. They get to create the playing field, they play on the playing field, and they win the game. There is more capital in our industry than ever before. That capital at times thinks that everything will be a deck of corn, and you're overfunding some companies. There's a lot of time being spent on a lot of the middle layer between the foundation models and the applications. There's just a lot going on there. I feel like perhaps it's a little overinvested. We've invested in a lot of application layer companies. We took actually the top 20 jobs in the U.S., and it's doctors, it's lawyers, and it's developers. How do we help supercharge these people who are highly scarce, highly skilled? And we're not producing enough of that.
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