> At the end of the day, all investors are looking for great companies and they are trying to find you too. I actually don’t find this to be true. If you watc

> At the end of the day, all investors are looking for great companies and they are trying to find you too. I actually don’t find this to be true. If you watch YouTube videos of these investors and read their blogs, they openly admit to being FOMO. So much that they all invest blindly base on what other investors are signalling and the pedigree of the founder. Despite the fact the founders idea might be terrible. Examples: 1. Juice squeezer that was invested and destroyed by Bloomberg 2. Bird having to lay off 5% workforce already because it turns out their product isn’t useful during winter 3. Even YC invested in men’s scented detergent because the founders had a good pedigree Getting the attention of VC requires more than having a good company. It’s a populatriy contest and you have to be in the club to get introduced. VCs as a investment manger have historically been bad at picking winners. There is a reason they invest in multiple companies doing the same thing. They are all hedging their bets because they know their own judgement will most likely be wrong.