“I think there are a lot of diamonds in the rough that will go public. What I would say is the negative perceptions come from a lot of followers who do undifferentiated things.” He added: “Look at cell-based meats. We probably looked at two dozen business plans and not one made economic sense to us so we never invested. But every one of them got funded, mostly at hyped valuations. I don’t think that’s a category that works, at least today, unless somebody has a huge breakthrough. But we always keep looking because somebody might have that breakthrough.”

Source: Vinod Khosla on cultivated meat, ‘silly money’ to AI, me too startups