> these hundreds of people are so close socially that their opinions will be very strongly correlated Having raised a seed round myself, this is definitely not

> these hundreds of people are so close socially that their opinions will be very strongly correlated Having raised a seed round myself, this is definitely not true. Opinions, approach, and attitude of individual investors varies WILDLY. For VC it is more standard, but for "rich person with money in silicon valley" it is not.