Matt Levine had a good bit on this yesterday. A bit long to quote but the gist is that as an early-stage investor you want to look for founders who are weird (w

Matt Levine had a good bit on this yesterday. A bit long to quote but the gist is that as an early-stage investor you want to look for founders who are weird (who might also be into stuff like microdosing), otherwise you're probably being too conservative. As you get closer to going public, though, you want a stodgier, more respectable CEO. So there's an awkward middle phase where the expectations change, and Zhu might have misread it.