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"2. If your equity/salary was based completely on the accuracy of your projections, what would your forecast be?" Is it even relevant that the entrepreneur be
by aneesh 19y ago
"2. If your equity/salary was based completely on the accuracy of your projections, what would your forecast be?"
Is it even relevant that the entrepreneur be able to make accurate predictions? Shouldn't you just focus on making stuff people want? And isn't speculating on how the size of company X the VC's job anyway? I bet Larry and Sergey didn't see Google getting THAT big on day 1.
- dshah 19y agoIt's less about the actual forecast and more about the way someone thinks about the business. If someone adamantly believes they're going to be a billion dollar company in a couple of years, that would be a signal. Either it's a really, really big idea and they're super-ambitious -- or, they're being unrealistic.
- dfranke 19y agoThat's a really easy question. I'd forecast zero revenue, do nothing, and make out like a bandit with my perfect forecast.