TLDR Tech / Founders
Size of the Prize and Run the Distance
Nvidia took 3 decades to reach $1T but just 2 years to go from $1T to $5T. At 10% annual compounding, $10T is next. The investing variable that founders and investors consistently get wrong is the size of the prize - nobody imagined Airbnb, DoorDash, or Uber becoming what they are. An outlier founding team can compound a seed into $10B, then $100B in two decades, then $1T in three.
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