I have surface knowledge of the VC world, but these > The biggest firms in your space aren't doing this, therefore it's not worth doing > Your competitors are

I have surface knowledge of the VC world, but these > The biggest firms in your space aren't doing this, therefore it's not worth doing > Your competitors are executing badly now but they will start to execute better in the future do not sound unreasonable, they sound plain incompetent. Or at least not what I imagine as the skillset found in a VC.