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VCs aren't good predictors of proper business sense either, and this economic downturn proved exactly that.
by mahmoudhossam 4y ago
VCs aren't good predictors of proper business sense either, and this economic downturn proved exactly that.
- Nasrudith 4y agoI thought the whole VC model was flippantly summarizible as "stupid but works". Basically throwing money at tons of start-ups, in case one of them strikes gold that more than makes up for the failures and outperforms rational models. That is, the whole point of VC is not predicting.