Once you've seen a trillion-dollar startup is buildable on a venture timeline, you can't unsee it.
Capital's chasing the pink elephant & "the pedestrian double or triple is but a vestige of a bygone era."
Honest take from @ethankurz on today's bifurcated venture market 🩷🐘
The venture market is increasingly bifurcating into two camps: massive consensus bets and contrarian companies as far from the heat as the dark side of the moon. There will be gems - and false gold - in both.

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Go Big or Go Broke – The Middle Ground is Gone
“Don’t think about a Pink Elephant!” I remember this common test from growing up that proved how little control we have over our thoughts. My result was just like everyone’s: nothing less than a...





