3 ms·
> they are pretty bad at math You've been couching your assertions in hyperbolic judgmental-sound terms, which I fear detracts from your point, but this seems
by mmt 8y ago
> they are pretty bad at math
You've been couching your assertions in hyperbolic judgmental-sound terms, which I fear detracts from your point, but this seems to be the crux of it.
You have not, however, demonstrated the "math" in your viewpoint. Specifically, how does it work out, being sure to include risk (or probability) as a factor?
> otherwise it wouldn't be so hard to get funding for $1-2MM
That doesn't follow, as any difficulty can be adequately explained by (perceived) likelihood of an outsized return (100X+).
Are you sure you're not confusing VCs with lower (e.g. average) risk investors?