Funding Markets Develop Backwards
Channel: Edmund Hillary Fellowship
Date: 2019-04-14

Naval Ravikant shares the counter-intuitive insight that funding markets develop backwards, and how startup ecosystems with a lot of angel activity but no later stage investors can lead to running out of money or brain drain. 

Recorded at the New Frontiers 2019 summit, hosted by Edmund Hillary Fellowship (https://www.ehf.org). See Naval's full talks below:

Part 1: https://youtu.be/kvGFldxwjhY
Part 2: https://youtu.be/SHxnAVbtpEI
Backstage: https://youtu.be/5aveIZElmsM

Follow @Naval and @EHFNewZealand on Twitter for more.