Episode
Investing in Diamonds
One of my favorite kinds of startups to invest in is the “diamond surrounded by a lot of shit” kind. I use this term to refer to a company c


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One of my favorite kinds of startups to invest in is the “diamond surrounded by a lot of shit” kind. I use this term to refer to a company creating a step function innovation (the “diamond”), and then augmenting it with functionality that usually requires an immense time investment to properly execute (the “shit”).
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Investing in Diamonds
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