3 ms·
Aren’t these two points in contradiction with each other? Also not a good sign when adverts (this basically is one) hit the front page of HN 1/ Founders may b
by math-dev 5y ago
Aren’t these two points in contradiction with each other? Also not a good sign when adverts (this basically is one) hit the front page of HN
1/
Founders may be sick of “hands-on” investors. Part of Tiger’s pitch is that it will be an unobtrusive capital partner. That approach runs counter to industry norms as most firms compete to demonstrate a willingness to roll up their sleeves and help. The fact that so many founders find Tiger’s laissez-faire attitude attractive exemplifies the lack of trust many have in VC’s value propositions.
2/
Hedge fund managers can bring novel perspectives to startups. Though perhaps less visionary than their venture capital counterparts, some founders find the detail and rigor of hedge fund managers’ thinking refreshing.
- random_savv 5y ago(1) sounds like micromanagement to me, whereas (2) sounds more hands off.
- math-dev 5y agoYeah, I can see that angle. I can imagine most VCs would say the same thing “we don’t micromanage, its your company, but we will try to give you good ideas”