$30-100M funds are a tough place to be today, since they play against much larger chip stacks and only exceptional managers succeed. Listen
Ganesan compared large funds to the player with the most chips at a poker table, who can see more cards. He cited Sarah Guo (whose fund he thought was about $200M) and Box Group as exceptions that should not be extrapolated from. He said there is no magic strategy, and noted Guo telling LPs her strategy is simply to work harder.
“in general, those are tough places to be unless you're exceptional... There's no magic strategy.”
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