{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dru's Notes","title":"Y Combinator's 1,000-to-1 Bet | Daily Essay","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e111f526\"></iframe>","width":"100%","height":180,"duration":144,"description":"Charlie Munger accused venture capitalists of screwing their investors, then called the business legitimate if you do it right. Two strategies sit behind that contradiction, one betting on what changes and one on what endures, and the choice between them turns on which fits you.","thumbnail_url":"https://img.transistorcdn.com/rnQz4Ui5lyTFFiX16AV8Bb6xg50ZuNtigkyBOqya4LU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xYzNh/NzM1Njk4MWQ1MzJj/OGQ2MmU4MTlhOWM2/NmM3NS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}