20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing
This podcast explores a range of topics in venture capital, including the importance of learning from past mistakes, the role of pattern recognition, the challenges of predicting market size, the relationship between price and conviction, and the importance of focus and patience. The speakers also discuss the evolution of the 20% ownership rule, the cyclical nature of venture returns, and the increasing importance of technology.