Rory O'Driscoll

Doesn't freaking matter because David George is going to put in a 300 million check at three or four billion.

And so the more you have here, the more elasticity you have here.

And that's the real alpha that you get from this.

And that was my point, which Alex Rampell said on the show that we released on Monday.

Very simply, the middle is dead.

Every other asset class that matures, you see a boutique specialist and you see a very large platform play and the middle hollows out.

I mean this in the nicest and most loving way, Rory, because I think you're utterly brilliant.

Are you not the middle?

And how would you respond to that?

It's hard.

Did you hear that spoiler?

That was Rory saying the next fund is going to be a billion five coming soon.

But just to pause it in two ways, there's two founders.

There's the ones who are young and want YC, and then there's the serial entrepreneurs who want money and a good price and people who won't get in your way, which is Andreessen, Naveen Rao, Databricks.

Multiple rounds before anything came public, all swallowed by Sequoia and Andreessen.

So the question, just to add your addition, is can you find any founders that don't go through either YC or Sequoia and Andreessen with big money

very early behind the scenes because they're in those insider networks.

I don't know.

I got in trouble last week because I tweeted, the worst place to be investing is Series A. You either need to be pre-seed or pre-IPO today to make money.

That's a hard investing ground.