At the very short end [of latency], opportunities have compressed; at the very long end, premia are crowded. Naturally, capital and talent migrate towards the middle.
You might also like
I view Bogle as an undercover philanthropist. And at a trillion or even half a trillion dollars, that would make him the greatest philanthropist of all time.
Acquired
People are really comfortable with the number of people who die on the roads. 40,000 people dead, 1.2 million globally and avoidable in many cases, isn't something upon which we share collective outrage or even moderate discomfort.
TED
today's AI companies are scaling faster than any previous generation of startups, and why the eventual outcomes may be significantly larger than most investors currently expect
The a16z Show