3 ms·
But surely one of the hallmarks of VC is to bet on multiple possible futures, only a minority of which needs to have a large payout? You could coherently believ
by abeppu 5y ago
But surely one of the hallmarks of VC is to bet on multiple possible futures, only a minority of which needs to have a large payout? You could coherently believe that the web3 future is only 15% likely to arrive, but still justify investing in it -- and then once you've put in the money of _course_ you want it that future to be realized, and so you may as well act in ways that support it.