And while startups that aren't trending in the direction of category champion have time to change course, the window to do so is generally shrinking, Edmonds says. "There is still time for evolution, but we are seeing how quickly the divergence is happening between these profiles. That window is compressing, and shortening, and will continue to do so."
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The thing that I find so hard about venture capital is that you might be right about a company, but if you make your investment at the wrong time, you can lose all your money. You can be right about the destination but wrong about the timing, and it doesn't matter that you were right about the destination.
Invest Like the Best with Patrick O'Shaughnessy
AI workers are becoming more capable than human workers in many aspects. So one must plan for that. And in the future as AI workers swarm into the company and is uh taking over and doing a better job than human workers. The organization needs to change.
Semafor
The really great venture investments have tended to come from areas that very few people, at the time of first investment, thought would amount to anything. And the skill is in identifying those areas before they become fashionable, before they become obvious, before everybody is clamoring to invest in them.
Michael Moritz — Invest Like the Best with Patrick O'Shaughnessy