Published On Nov 3, 2015
Competition for fabled “unicorns” has become the obsession among most venture capitalists. But does chasing one-in-a-million bets make sense? Or does it distort the incentives for entrepreneurs and funders?
A conversation about what makes for sustainable funding, and the risks and rewards of chasing the big prize.
Chris Sacca, founder and chairman, Lowercase Capital
Peter Thiel, partner, Founders Fund
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