David Clark
CIO of VenCap International who argues power laws have concentrated further with mega-fund growth.
“Anthropic and OpenAI are adding more revenue per month than Meta, Google, or Microsoft... actual diffusion of this technology into the real economy is tiny. It's like less than 5%.”
Source→“Power laws haven't disappeared — they've just concentrated further as mega-funds scale into the billions. The core tension in venture is no longer returns vs. risk, but extreme right-tail conviction vs. LP pressure for liquidity in a world where the best companies take 10–15 years to exit.”
“David Clark joins Beezer Clarkson and Nick Chirls on Origins to argue that power laws haven't disappeared — they've just concentrated further.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.