3 ms·
VC business is reinforcement learning for investors doing the exploitation part whereas founders doing the exploration part.
by treprinum 3y ago
VC business is reinforcement learning for investors doing the exploitation part whereas founders doing the exploration part.
- esafak 3y agoI think you have it backwards. Each founder exploits one idea, and the ensemble of VC's founders explores. You seem to be thinking of the colloquial definition of exploitation.