Sebastian Mallaby is the author of The Power Law, a renowned journalist and a senior fellow for international economics at the Council on Foreign Relations. Sebastian and Auren start by discussing the powerful trends in the recent history of Venture Capital. They discuss the rise of the growth funds and crossover funds and the issues with governance that are created as a company grows. They also dive into what makes firms like Sequoia and Benchmark truly special. Sebastian and Auren also review the major macroeconomic crises of the past 40 years and what we’ve learned about the Federal Reserve’s role in navigating crises. World of DaaS is brought to you by SafeGraph. For more episodes, visit safegraph.com/podcastsYou can find Auren Hoffman (CEO of SafeGraph) on Twitter at @auren and Sebastian Mallaby at @scmallaby