How Pilot convinced Index Ventures to think long-term about margins

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On a recently recorded (and soon-to-be published) episode of the Found podcast, an entrepreneur told my co-host and me that he sees a broad swath of the venture capitalists out there as money managers, more focused on short-term gains and returns than long-term revolutionary technology. Whether you agree or not, it’s hard to ignore the fact that the multipliers in…
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