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It's just a nice name. It's a generic fund to invest mostly oil money and designed to focus on tech for the higher returns. The problem is that the fund is massive and there's a limit to how much capital you can efficiently deploy at once, especially with such a disconnected leadership team.

The size was originally used as a brute-force growth tactic and competition clearer, but now it's clear that it's just leading to unviable business models and vastly inflated valuations while hurting more promising companies that have to compete in this bubble environment.



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