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My other favorite is when VCs pretend their risk taking in MANY businesses is equivalent to founders' risk taking in a SINGLE business. No. Founders dont have
by TuringNYC 7y ago
My other favorite is when VCs pretend their risk taking in MANY businesses is equivalent to founders' risk taking in a SINGLE business.
No.
Founders dont have portfolios to even out risk. They have a single lottery ticket.
Worse, are VCs who say this, because you know they actually know better.