In this episode of the Sorcery podcast, Molly O'Shea interviews Philip Clark from Thrive Capital about his journey into venture capital, Thrive's investment philosophy, and his focus on hardware and software companies. Clark discusses Thrive's investments in companies like OpenAI, Cursor, Wiz, and Nudge, highlighting the importance of backing exceptional founders and concentrating on high-potential businesses. He shares insights on the evolving landscape of AI, the resurgence of hardware opportunities, and the potential for AI to revolutionize various sectors, including healthcare and material science. Clark also touches on the fund's concentrated investment strategy and its approach to performance evaluation, emphasizing the significance of long-term vision and decision-making processes over short-term outcomes.
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