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> If I accepted evidence of this type, then I'd have joined Scientology many years ago. Or parrot the virtues of Venture Capitalists.
by balls187 4y ago
> If I accepted evidence of this type, then I'd have joined Scientology many years ago.
Or parrot the virtues of Venture Capitalists.
- btilly 4y ago> Or parrot the virtues of Venture Capitalists. Touché. That said, I think I'm on more solid ground to judge VCs. First, I personally know a number of people who they helped make rich. Second, I've seen enough cases where they had useful advice, connections, and so on to have personal respect. Not because of their advertising, but because of their results. That said, there are problems. First, VCs are not all created equal. And the bad ones do their best to sound the same as the good ones. Plenty of VCs just "follow the herd". And, of course, VC returns are dominated by a few hits. So they will push founders to "swing for the fences" - a gamble which is in the VC's interest far more than the founder's.