What do you expect when half the VCs say they invest using "their gut"? as if "feeling" a company is going to be successful is a valid metric. In any case if yo

What do you expect when half the VCs say they invest using "their gut"? as if "feeling" a company is going to be successful is a valid metric. In any case if you fail more than once it's obvious your gut isn't very precise and you should use other methods. Anyway, that the system is broken is hardly something new, have you all forgotten "The canary is dead" slides from TheFunded? and it was 4 years ago! What I'm asking is: does it matters? When those slides were released it was all doom and gloom, wantrepreneurs were going to disappear, nobody was going to be able to raise funding, etc... And nothing happened, which is not me saying it doesn't matters, just that it seems no-one cares.