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What is to fix? Gamblers gonna gamble, humans gonna human, markets measure sentiment, both sides of the market [founders and investors] violate the 7 deadly sin
by dustingetz 3y ago
What is to fix? Gamblers gonna gamble, humans gonna human, markets measure sentiment, both sides of the market [founders and investors] violate the 7 deadly sins all day long – greed, pride, lust, envy, sloth, wrath, gluttony – all of it
- hinkley 3y agoIf I knew that, I’d be too busy to converse on hacker news. I think the world would be better off if we had an 80/20 rule like the rest of the world seems to. But slow companies also deserve a bit more respect for finding the 20% in the 80%. I think that’s half undiscovered territory and half a shift in perception.
- tyre 3y agoSlow companies can find that 20%, it's just that they can't raise $2m at a $12m valuation from seed-stage venture capital. The risk/return doesn't make sense.