2 ms·
> I would bet the true negative:false negative ratio for a good VC is very, very high I'll take the other side of that bet! VCs are trying to optimize their T
by ScottBurson 15y ago
> I would bet the true negative:false negative ratio for a good VC is very, very high
I'll take the other side of that bet! VCs are trying to optimize their TP:FP ratio; they don't get paid for minimizing FNs. I'd bet, in fact, that their TN:FN ratio is little if any better than average.
There are exceptions, but VCs on the whole have a reputation for groupthink, not for being visionaries.