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I noticed this back when I watched Shark Tank. Cuban in particular was wildly inconsistent in his focus on metrics, demanding much more of some companies. It w
by unclebucknasty 5y ago
I noticed this back when I watched Shark Tank. Cuban in particular was wildly inconsistent in his focus on metrics, demanding much more of some companies.
It was pretty clear that it was just convenient, easy to explain shorthand for not wanting to invest. But, it was plausible in isolation. It's only when you have the ability to see his process over multiple deals that the inconsistency emerges. Obviously founders wouldn't have that view in the typical VC scenario. They'd only have their own experiencen with the investor.
So I think this is mostly true. But I do think in a minority of cases they're willing to ignore metrics because they think they know how to fix whatever issue is causing underpeormance and/or have resources they can apply (including synergistic portfolio companies).