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Seems like PG is advocating the following to VCs: 1. Don't grow pessimistic over the growing number of startups because there will be a growing number of grea
by dave1619 13y ago
Seems like PG is advocating the following to VCs:
1. Don't grow pessimistic over the growing number of startups because there will be a growing number of great founders. If you focus on finding them, you can make more money than before.
2. To find them, you need a competitive advantage which could be doing what founders want/need: smaller Series A rounds and quick decisions.
He's practically daring the VC community to see who will step up.