Sarah Drinkwater

Trust comes from trading with each other ... but you need something to trade, which is getting really problematic with AI https://t.co/P0UBDbv4lo

While the majority of the broader venture market is still dominated by large traditional firms we're seeing more changes in the space than ever before. Celebrities are not only active angels but they're building firms whether its The Chainsmokers or Serena Williams. Angel investing has exploded past $25B in capital invested and you're seeing a... See more

This work is less about what was happening in the 2000s and more about what those early signals suggested about seemingly endless possibilities in the future. What was to come — even if we weren’t quite sure what that was — was a bigger deal than what had already happened.

All three are, at various times, infatuated and disappointed with one another, their friendships stimulated and fueled by rivalry as much as affection. And all three will mythologize Bennington in their fiction—fiction that, as we’ll discover, isn’t always fiction, is often fact—and thereby become myths themselves

The startup ecosystem is experiencing a series of changes that can't be ignored:- cambrian explosion of funding availability- more value is being created on private markets- going from zero to one is no longer a dark art - ie more talented operators, more infrastructure to build quickly and cheaplyChange is coming to the VC ecosystem. Who will win:... See more

A third big issue in the venture industry is that most modern venture firms have broken incentive structures that misalign outcomes between GPs and LPs.