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The secretary problem and investing have one important difference that throws this all out the window - you can meet with multiple startups without rejecting th
by djrogers 9y ago
The secretary problem and investing have one important difference that throws this all out the window - you can meet with multiple startups without rejecting them, and make a decision when you've met them all (or all the ones you want to meet). There's no requirement in the real world to accept/reject immediately post-interview without any possibility of recall.
> Of course, this would be a jerk move. I'd be wasting the time of a lot of founders if I knew I was planning to pass on their startups no matter what.
On a macro-level, this isn't a jerk move at all - the other way would have you 'waste' the time of 29 founders instead of 11.
- dsr_ 9y agoNo, the biggest problem is that nobody is perfect at ranking startups, period. And as proven by that "antiportfolio" page of a day or two ago, even generally successful VCs can't do that reliably.