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VC Uncovered · Xan Wood, Canvas Prime

Being Long-Term Greedy Explained

“I think long term greedy is basically a compounding function, where if you let things compound over a very long period of time, you're going to end up hopefully in a good place.”

Transcript

Yeah, I think the kind of one of the ways I think about it is like doing things without expecting stuff in return in a way can be like a selfish thing because like you keep on, so like when I first got to the US, I raised like a small fund, like a

million dollars and I was finding deal flow and I was sending them to like seed investors. And like, obviously when you're a million dollar fund, no one sends you deals. But I was sending them out and like you send deals out to everyone. And then I was kind of thinking like, if you provide enough value for people,

eventually they're going to be like, oh wow, like that guy's given me a lot of stuff over time. And so like I kind of owe him now.

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