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>Startups all look different, so a good VC can be better than a bad VC if they just know which differences to look for. I don't think this is an obvious claim.
by consz 9y ago
>Startups all look different, so a good VC can be better than a bad VC if they just know which differences to look for.
I don't think this is an obvious claim. There's no strong evidence that VCs are capable of differentiating good startups from bad.
- joshuamorton 9y agoVCs manage to turn a profit?
- consz 9y agoMy understanding is VCs (as an industry) fail to beat the S&P500 returns, so no, they don't turn a profit.