4 ms·
isn't this a self fulfilling prophecy? if i only invest in all-or-nothing startups, doesn't that mean that my returns are going to look like i only invested in
by andylei 11y ago
isn't this a self fulfilling prophecy? if i only invest in all-or-nothing startups, doesn't that mean that my returns are going to look like i only invested in all-or-nothing startups?
- morgante 11y agoIt's almost impossible to have a different VC model though. If you want to remove the variability in your outcomes, you have to do substantially more due diligence on each investment and decline a lot more. When your model depends on each investment doing okay instead of a few home runs, there's a lot more pressure on each investment to not fail. Eventually this forces you to only accept the least aggressive plans and you become a bank.