Science & Technology
Why startups should ‘be more concerned’ about competition in VCs’ portfolios l Best of Build Mode
This week on Build Mode, we’re diving back into the archives for a special best-of episode all about venture capital. Host Isabelle Johannesen and producer Maggie Nye revisit conversations from past seasons to give founders a glimpse behind the VC curtain and a better understanding of what investors are really looking for. From choosing the…
Science & Technology
Why this CEO thinks video games make better training data than the internet | Equity Podcast
When it comes to achieving artificial general intelligence (AGI), large language models just don’t have what it takes. Models like ChatGPT and Claude are great at text, but they’re less skilled at understanding how things actually move through space and time — an essential skill for producing intelligence that generalizes. That gap, it turns out,…
Science & Technology
How Algorithms Manipulate You (and How to Fight Back) | Idea Knock Down | TED
What does it take to stay in control of your life online? AI ethicist Jen Golbeck and TED Fellow Shalini Kantayya discuss how algorithms, data collection and AI shape the choices you make every day. They explore whether it’s possible to use the internet without giving up your privacy, how to push back against big…
Science & Technology
Build Mode: Inside the Fundraise
Startup fundraising is harder than ever, and Season 3 of Build Mode is here to help. Whether you’re raising a seed round, preparing for Series A, pitching venture capital firms, negotiating a term sheet, or exploring alternatives to VC funding, this season is packed with practical advice from founders and investors who have successfully navigated…
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@stepheninscoe1707
June 19, 2026 at 2:26 am
Not complicated. The VC model is a form of gambling, like the horse races. The VCs read form (what have you done up to this point). They look at the ground conditions (market and competition), they look at the potential prize (size of market, exit valuations and number of exits/odds). Then they decide how much money to place on that bet, if anything. One difference is that for some bets they also need to guess the probability of other gamblers join the bet later on and probably on worse odds (valuation). The VCs want their horse to win, but the reality is they are meeting on several horses in several races and only need some of them to win. They are not all in on one horse.