4 ms·
you almost rescued the analogy, but not quiet.
by bl4k 16y ago
you almost rescued the analogy, but not quiet.
- peteforde 16y agoEdits welcome. Where did I go wrong?
- Swannie 16y agoHmm, it's more like investing in/always betting on a solid racing stable. You know the jockeys they use are great (investor community), you know their horses are from great stock (top applicants), you know that the breeders, handlers and trainers (advisors and partners) are THE most experienced in the area. You know the stable only enter horses into races (markets) where they think the odds of placing are good, or the opportunity cost is so low for a potential outsider. Sure there are other stables, and sure, some of the horses in this figurative stable are co-owned by people with very different aims from you (boot strapping cofounders?), and some are backed some of your competitors.
- JoeAltmaier 16y agoIts exactly like ... investing in a bunch of promising, vetted business plans with motivated founders!