Unicorn Investing Why Billion Dollar Outcomes Are No Longer the Goal

You said unicorn investing is mostly dead for bigger funds and experienced VCs. No one is looking for a billion dollar outcome anymore. What did you mean by this, Jason? Well, I'll tell you. When I we were chatting before about things I learned when I started investing, I didn't get. But when I started investing, I remember One of my LPs, limited partners came back and this is probably nine years ago from Founders Fund LP meeting, right? And this is a decade ago. And they came back and they told their LPs, who were stunned that they're aiming for at least $100 billion outcome per fund. Now, this isn't today when you can look, at least there's a few of those above that line, right? The Servicenows and the Salesforce and B2B. This people's jaws drop. But.