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It's very difficult to truly evaluate a business without talking to the founders. Sometimes a bad sounding business (such as air mattress rentals) will turn out
by pb 10y ago
It's very difficult to truly evaluate a business without talking to the founders. Sometimes a bad sounding business (such as air mattress rentals) will turn out to be a really great business (such as AirBnb).
That said, I'm sorry you had a bad experience. We're working on better ways to pre-screen startups before interviews so we can hopefully avoid as much unnecessary travel as possible.
- anonymoose7191 10y agoThanks paul. I should elaborate: the other partners were asking other and varied questions. The experience was really not bad except that the persistence and insistence of that question made it feel like an episode of Shark Tank. Maybe we were just bitter realists but the only answer to that question is "get really lucky."