2 ms·
You could do a lot of interesting things with a fund of that size. It also changes the landscape of late stage and growth companies because they can now potenti
by enahs-sf 8y ago
You could do a lot of interesting things with a fund of that size. It also changes the landscape of late stage and growth companies because they can now potentially raise at valuations that allow them to utterly dominate their competition. This has always been the dream for entrepreneurs: figure out product market fit, then raise insane amounts of money to pour on growth. If you’re a couple orders of magnitude away from your next closest competitor, it’s going to be tough for them to compete.