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Ben Horowitz Discusses Culture and Success

Masters in Business

00:00

The Impact of the Soft Bank Vision Funds on Venture Capital Firms

Soft bank vision funds since they launched in 2017 did they really shake things up and affect things well I think they definitely affected the companies they invested in. Some of what was distorting for we work was they already had a very ambitious plan right and then soft bank encouraged them to be more ambitious. Entrepreneurs don't know whether their first idea is better than their tenth idea so it's hard to distinguish which is your best idea. If you do your top 10 ideas none of them are going to work, that's almost guaranteed.

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