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"My biggest fear is that people confuse the “social proof” of other prominent investors on AngelList for real insight. Indeed, in a bubble people generally chas
by jdp23 16y ago
"My biggest fear is that people confuse the “social proof” of other prominent investors on AngelList for real insight. Indeed, in a bubble people generally chase what other people are chasing leading to group think."
Indeed.
- trevelyan 16y agoYou'd think reading the piece that there had never been groupthink behind funding decisions before.