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It wasn't their background that convinced us. It was just talking to them. They clearly knew what they were talking about. You can't let yourself care too mu
by pg 17y ago
It wasn't their background that convinced us. It was just talking to them. They clearly knew what they were talking about.
You can't let yourself care too much about "background" when you're investing in startups, because some of the best startups are done by outsiders.
- jacoblyles 17y agoI guess a person sounding as if he knows what he is talking about is a good indicator that he actually knows what he is talking about.
- andreyf 17y agoIt certainly depends on who's listening. The catch-22 is the Dunning and Kruger effect. If a person sounds like they know what they're talking about, it's either because (1) they know what they're talking about or (2) you're an idiot. But there's a range of ignorance in which the more confident you are in (1), the more likely (2) is.
- pclark 17y agoreminds me of a quote a VC friend used about overly pompous team slides "we care less about where you're from, and more about where you're going"