Alex Rampell

Like this is a sales job.

You know this, right?

You have an entrepreneur.

They're amazing.

They don't come along very often.

This is the best entrepreneur you've ever met.

You have to convince them to take your money.

And how do you do that?

You have to say, I am the greatest person in the world to help you, which means I have this amazing specialty.

And, or I have all these things that I can do for you.

I'm connected to everybody on the planet, given the scope and scale of my kind of general generalization, right?

Like on the big side, if I'm just like, Hey, I kind of do a little bit of everything and I don't really know that much about your business and I'm not that big and can't help you that much.

It's just, you're going to lose.

That's why the death of the middle is what tends to happen for a lot of these asset classes.

And then LPs, they want to chase returns.

It's also sometimes hard to reach LPs.

So the big generalists kind of gobble them up, or the small specialists that generate very, very good returns will gobble them up as well.

Well, I bet I think it's obviously you can't disprove an unknown future.

But I would posit to say that if you were trying to find, pick, and win the best deals, and maybe you disagree with me, I'm like the kind of the small specialist.

or a large generalist, but who wins the best consensus deals?