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I wish more people would understand this. VC is just professional guessing. But you're not guessing impacts, you're guessing future value of company stock compa
by ghc 1y ago
I wish more people would understand this. VC is just professional guessing. But you're not guessing impacts, you're guessing future value of company stock compared to its value at time of offer. Some people are really, really, really good at it. That doesn't make them any more qualified to assess the future impact of a new technology than a university PR office.