Lux Capital’s Josh Wolfe on How the Venture-Capital Firm Is Turning Sci-Fi Into ‘Sci-Fact’
1. Josh Wolfe discusses the venture capital hierarchy, emphasizing 'minnows' versus 'megas'. 2. Lux Capital focuses on high-tech sectors, investing in healthcare and core technologies. 3. Wolfe predicts many small VC firms may disappear due to underfunding. 4. AI and aerospace sectors are thriving while other industries face margin compression. 5. The firm plans to support scientists with funding cut-offs through a 'science helpline'.