EVERYTHING IS TECHNOLOGY

Summary from the TLDR Founders newsletter

How did Fifth Avenue transform from exclusively horse-drawn carriages to automobiles in just 13 years? This pattern repeats throughout history: new technology displaces incumbents faster than expected and creates more value than imagined. Billion-dollar exits have become merely 85th percentile outcomes for VCs. The mega venture funds that seem excessive today are actually positioning for an unprecedented reality – technology will systematically conquer every major industry, creating tens of trillions in new value over the next decade