3 ms·
One wonders...what makes a "high-quality" deal? I suspect the problem is more that VCs are neglecting the first half of their job description.
by angersock 12y ago
One wonders...what makes a "high-quality" deal?
I suspect the problem is more that VCs are neglecting the first half of their job description.
- jacquesm 12y agoNo, they are just trying to maximize their return. They still carry plenty of risk but the ratio changes in their favour if they use YC as a vetting machine. And with a couple of out-of-the-ballpark hits under its belt YC is now a proven kingmaker.