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   Listen to the podcast (duration: 39:11) >  In this episode of The Venture, we discuss the role of VCs in new businesses - how they evolve to be more value add and how is their relationship different from the incumbent and new business. Pieter Kemps, Principal at Sequoia Capital explains why it sometimes makes sense to delay monetization to focus on growth, the difference between “type one” and “type two” decisions, and the importance of being customer obsessed.

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