Why the Majority of Neo Labs Will Not Be Good Investments “The two foundation models were Neo Labs themselves five years ago, and they’ve turned out to be the best venture bets of all time. Just because that’s true doesn’t mean the other 100 Neo Lab bets you can make today will also be amazing. Now you have other companies with the capital already and other companies with the distribution. The question is which of those bets will be orthogonal enough to the foundation model companies to be…