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Traditional venture capital is broken

Traditional venture capital is broken

We don’t think of ourselves as money managers. That isn’t to say we aren’t tireless and competitive. Nor does it mean that we don’t have a really big fund. In fact, we are ruthless negotiators, aggressive businesspeople, and have no allergy to disproportionately large returns. However, frankly, capital just isn’t that important to the early triumph of a company anymore. Much more vital in those inaugural days is collaborating side by side with a founding team that controls its own destiny.

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Chris Sacca

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Founder and Managing Director, @Lowercase Capital. Used to be an investor in tech startups. Now I am an investor in saving democracy and unfucking the climate.