Marc Andreessen

Or it was like structured wrong.

There's a reason why it's a diamond in the rough that actually ends up becoming a big problem.

There's a reason why it's a diamond in the rough that actually ends up becoming a big problem.

You know, the example people use, which I think is legitimate, which I think there was a point when Uber was available for investment by anybody on AngelList.

You know, the example people use, which I think is legitimate, which I think there was a point when Uber was available for investment by anybody on AngelList.

So it's like, yeah, every once in a while, there's one of those.

So it's like, yeah, every once in a while, there's one of those.

Yeah.

Yeah.

And look, there's a reason, you know this, there's a reason where if you just look at the great outcomes adventure over the last 50 years, if you just rank the outcomes, it's just like, it's the same names over and over and over again.

And look, there's a reason, you know this, there's a reason where if you just look at the great outcomes adventure over the last 50 years, if you just rank the outcomes, it's just like, it's the same names over and over and over again.

You

You

You know, and it rotates, you know, every decade or so there's some rotation in the names.

You know, and it rotates, you know, every decade or so there's some rotation in the names.

The other reason you have diamond in the rough is you have a founder who fundamentally is just too ornery to just do things the obvious way.

The other reason you have diamond in the rough is you have a founder who fundamentally is just too ornery to just do things the obvious way.

And they're just like hyper disagreeable.

And they're just like hyper disagreeable.

And they're just like, ah, and these are often the founders that like have all these theories about how venture is terrible and awful.