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My understanding is that competence only matters when other people are giving you money, and doesn't matter at all when you're giving people money. I think you'
by taurath 9y ago
My understanding is that competence only matters when other people are giving you money, and doesn't matter at all when you're giving people money. I think you're really overestimating the downsides.
- fwdpropaganda 9y agoReputation is everything in this business. I think you're underestimating the downsides.
- taurath 9y agoEvery VC has 100s of failures. He just proved that he will go to bat for his startups even if they're doing fishy stuff :P