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Mitchell Green (Founder @LeadEdgeCapital) on the state of venture capital:
"AI saved the venture industry from a big awakening that was about to happen in 2022. What's incredible is none of these people remembered what happened in 2021, or even in 1999 and 2000."
"We focus way more on profitable businesses. Like 70+% of our companies are profitable. Some are in Silicon Valley, but we find companies in Ames, Iowa and Nisswa, Minnesota. We're probably the only tech fund with two investments in Sarasota, Florida. Go figure."
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