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searching out winners who haven't won yet, while screening out losers who won't win even with -- Ad Hominem Investing. Also worth a second look, as a Thesis.
by 001sky 14y ago
searching out winners who haven't won yet, while screening out losers who won't win even with
-- Ad Hominem Investing. Also worth a second look, as a Thesis.
- akkartik 14y agoI didn't read it as "..won't _ever_ win.." At worst it means, "..are not ready yet."
- vidarh 14y agoIt comes across a bit harsh worded that way, but if you look at it purely from the point of view of a VC looking for a decent ROI, most of will be "losers" - most startups fails, and while many founders will try again and again and many will eventually make it, a large portion will never succeed at getting growth enough for an investor like YC to make a decent return. If it was meant as a personality judgement, then I agree with your assessment. But if you view it as purely a statement about their odds of success at present time, it's just business.
- 001sky 14y agoBut most startups fail because the product sucks. its not the people that "fail" in the market. The end-market could care less about "the people", in that sense. Its worth sanity checking even good heuristics, occasionally.