They do do due diligence. I meant they don't care if the due diligence turns out to be wrong because it's part of the risk profile of the investment. This was

They do do due diligence. I meant they don't care if the due diligence turns out to be wrong because it's part of the risk profile of the investment. This was a response to GP's question of how could VC's due diligence miss the mark so badly.