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In my experience with many VCs, they are pretty risk averse people (if they were risk taking, they'd be either in hedge funds or starting companies themselves).
by nextworddev 2y ago
In my experience with many VCs, they are pretty risk averse people (if they were risk taking, they'd be either in hedge funds or starting companies themselves).
So the best way to raise VC funding is to leverage FOMO or sell traction.
- landedgentry 2y agoAgree. Bandwagon behavior seems to indicate aversion to (perceived) risk.