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Also, VCs are herd animals. Most of them are driven by hype and market trends, leading them to overgeneralize and make inaccurate predictions. They swayed by
by allenleee 4y ago
Also, VCs are herd animals.
Most of them are driven by hype and market trends, leading them to overgeneralize and make inaccurate predictions.
They swayed by the latest buzz in the industry and invest in companies that may not have a sustainable business model.
- api 4y agoThey do this in the hopes of flipping to a bigger fish. They understand how bubbles work.
- ethbr0 4y agoWe'll see if they understand, when valuations need to start being adjusted on the books... I'm skeptical if someone understands steamrollers if they choose to stand in front of one. Time, will tell.
- newaccount2021 4y ago[dead]
- naravara 4y agoBeing as how most of their analytical grunt-work is being done by fresh-faced graduates this should be expected.
- malthaus 4y agoIt's the other way round most of the time - partners select / nudge based on social proof and "intuition" and the analysts provide ex-post analysis to justify it with "hard data"