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Venture investors are not looking for things with a low risk of failure. Doug Richard (of BBC's Dragons' Den) says the same thing, here (starts at 4:10 of 6:57
by DabAsteroid 18y ago
Venture investors are not looking for things with a low risk of failure.
Doug Richard (of BBC's Dragons' Den) says the same thing, here (starts at 4:10 of 6:57; moneyline at 5:30):
http://www.youtube.com/watch?v=Z71dl3lZdvU http://www.youtube.com/watch?v=Z71dl3lZdvU
You have to understand how investment works. The reason it [the risk-focused pitch] works well is because if there is no risk, there cannot be commensurate reward. I'll repeat it. If there is no risk, there can't be reward. If it's not a risky opportunity, then there's no reward of equal dimension. If you come to me and say, "I've got a risk-free investment," the first thing I know is, there's not much money to be made. There's no free lunch in this world.