Embracing Risk in Venture Capital Investments

The transcript discusses various investment philosophies, including the Black Swan theory, and emphasizes the importance of the right founder, product, and timing. It explores investment strategies, team diversity, and the impact of global events like Brexit on risk appetite. The discussion also covers market trends, particularly in consumer internet, and analyzes the market dynamics between Lyft and Uber.

What lessons does the speaker suggest can be learned from the Theranos story?

What does the speaker believe about the current state of risk in investment valuations?

What opportunities does the speaker see in the consumer Internet space?