3 ms·
I agree. Likewise, the VC model is part of the problem, including the unreasonable returns they expect - because they're making so many bets, so they don't real
by loceng 9y ago
I agree. Likewise, the VC model is part of the problem, including the unreasonable returns they expect - because they're making so many bets, so they don't really have to believe or understand why an investment will succeed; one of the most difficult parts will be putting together the initial team, and then growing the team, which in this situation requires a buffer of money - along with a strong vision being honestly lead, without attempting to bank on hype.
I've been evolving a plan and strategy over the years to address these problems, unfortunately it's all mostly on hold while I try to organize more stem cell injections to heal chronic pain I have; our healthcare systems aren't adequate in dealing with uncommon scenarios either.