4 ms·
True, but also a safe statement. Most high-risk revolutions / startups / ventures fail. It is vanishingly unlikely that any of these projects will see widespre
by edraferi 9y ago
True, but also a safe statement. Most high-risk revolutions / startups / ventures fail. It is vanishingly unlikely that any of these projects will see widespread adoption and success. So you can just say “that will never work” to everything and be right most of the time.
Of course, VCs make their money by occasionally finding the one that breaks the mold. Picking winners is hard.
- Nuzzerino 9y agoCorrection: Most VC-backed startups fail. But that's beside the point. You can't make the argument that "most will fail" and conclude that "this category of tech will never bring success to any company". Fallacious nonsense if I ever heard it.