Hussein Kanji

Play the long game, be contrarian, but you got to make sure that the market sees you as right within a very short amount of time. So you can't be contrarian for like 10 years plus. What's the biggest sin of the zero interest rate environment? So much money went into some of these things and people just relax diligence. Are we seeing that today? Do you think we'll see many more frauds?

Play the long game, be contrarian, but you got to make sure that the market sees you as right within a very short amount of time. So you can't be contrarian for like 10 years plus. What's the biggest sin of the zero interest rate environment? So much money went into some of these things and people just relax diligence. Are we seeing that today? Do you think we'll see many more frauds?

Frauds, like just people not paying attention to details, people not turning up to things. It was a mess. And I think we're seeing some of that same stuff in AI. There's so much euphoria for AI that people feel they have to have some of these companies in their portfolio. We as a venture industry have to think about how to create monopolies.

Frauds, like just people not paying attention to details, people not turning up to things. It was a mess. And I think we're seeing some of that same stuff in AI. There's so much euphoria for AI that people feel they have to have some of these companies in their portfolio. We as a venture industry have to think about how to create monopolies.

Frauds, like just people not paying attention to details, people not turning up to things. It was a mess. And I think we're seeing some of that same stuff in AI. There's so much euphoria for AI that people feel they have to have some of these companies in their portfolio. We as a venture industry have to think about how to create monopolies.

The regulator doesn't want monopolies, but we want monopolies. We want companies with increasing returns to scale, with deep defensible moats.

The regulator doesn't want monopolies, but we want monopolies. We want companies with increasing returns to scale, with deep defensible moats.

The regulator doesn't want monopolies, but we want monopolies. We want companies with increasing returns to scale, with deep defensible moats.

You build this thing, it has this huge moat, and every extra revenue, customer, whatever it gets, increases the size of the moats, puts distance between it and itself, until eventually it has to get broken up by regulators because it's just too darn powerful. That's what I want to put money into. I'm not so sure most of these companies, which get highly commoditized, super fast,

You build this thing, it has this huge moat, and every extra revenue, customer, whatever it gets, increases the size of the moats, puts distance between it and itself, until eventually it has to get broken up by regulators because it's just too darn powerful. That's what I want to put money into. I'm not so sure most of these companies, which get highly commoditized, super fast,

You build this thing, it has this huge moat, and every extra revenue, customer, whatever it gets, increases the size of the moats, puts distance between it and itself, until eventually it has to get broken up by regulators because it's just too darn powerful. That's what I want to put money into. I'm not so sure most of these companies, which get highly commoditized, super fast,

where there are 20 versions of the same thing. And the expression that Brian and our team uses is knife fight in a phone booth. I'm not so sure. And the reason why we're doing them is because people want to deploy. They want to write checks into these things. They don't want to miss out on the next big thing because they look foolish as a big firm missing out on the next big thing.

where there are 20 versions of the same thing. And the expression that Brian and our team uses is knife fight in a phone booth. I'm not so sure. And the reason why we're doing them is because people want to deploy. They want to write checks into these things. They don't want to miss out on the next big thing because they look foolish as a big firm missing out on the next big thing.

where there are 20 versions of the same thing. And the expression that Brian and our team uses is knife fight in a phone booth. I'm not so sure. And the reason why we're doing them is because people want to deploy. They want to write checks into these things. They don't want to miss out on the next big thing because they look foolish as a big firm missing out on the next big thing.

This doesn't sound like a rest. And it sounds like it can go the right way, but it reminds me like hauntingly of like 1995, 1996, 1997.com. Do you play the game on the field? You have to. You can't sit down. Does that not go contra what you just said? Yes. But most of our investments are figure out how to be contrarian and still play the game on the field. Is that possible? Yes.

This doesn't sound like a rest. And it sounds like it can go the right way, but it reminds me like hauntingly of like 1995, 1996, 1997.com. Do you play the game on the field? You have to. You can't sit down. Does that not go contra what you just said? Yes. But most of our investments are figure out how to be contrarian and still play the game on the field. Is that possible? Yes.

This doesn't sound like a rest. And it sounds like it can go the right way, but it reminds me like hauntingly of like 1995, 1996, 1997.com. Do you play the game on the field? You have to. You can't sit down. Does that not go contra what you just said? Yes. But most of our investments are figure out how to be contrarian and still play the game on the field. Is that possible? Yes.

You have to be prepared to be a little bit lonely and you can't be too lonely for too long because if you are, your companies don't get capitalized. So you need the capital to come in, but you have to be prepared to be a bit of an iconoclast for a little bit.

You have to be prepared to be a little bit lonely and you can't be too lonely for too long because if you are, your companies don't get capitalized. So you need the capital to come in, but you have to be prepared to be a bit of an iconoclast for a little bit.

You have to be prepared to be a little bit lonely and you can't be too lonely for too long because if you are, your companies don't get capitalized. So you need the capital to come in, but you have to be prepared to be a bit of an iconoclast for a little bit.