Tren Griffin says venture capital needs many bets, not concentration, because power-law returns make diversification the best defense against 'risk of ruin.' He ties that logic to capital allocation analysis, including SpaceX launch margins and Starlink economics.
published
Tren Griffin says venture capital needs many bets, not concentration, because power-law returns make diversification the best defense against 'risk of ruin.' He ties that logic to capital allocation analysis, including SpaceX launch margins and Starlink econom
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$NVDA market result
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