Uploaded December 2025 | Updated September 2026, 3 hours ago

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Why do great investors miss great companies?

In this clip from Invested, Jeff Clavier talks candidly about his anti-portfolio — including why he passed on LinkedIn.

At the time, the decision wasn’t obvious. LinkedIn wasn’t focused on monetization, and the outcome was deeply uncertain. In hindsight, it looks like a mistake. In real time, it was a rational judgment call.

A rare, honest look at venture capital decision-making, uncertainty, and why hindsight is not a strategy.

Topics covered:
• Venture capital investing
• Anti-portfolio lessons
• LinkedIn early history
• Decision-making under uncertainty

Watch the full episode of Invested for more on how venture actually works behind the narratives.