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The very reason they fund 100 and hope for 1 is that all the analysis and data in the world have not helped narrow likely success criteria beyond 'fund the team
by tsax 12y ago
The very reason they fund 100 and hope for 1 is that all the analysis and data in the world have not helped narrow likely success criteria beyond 'fund the team.' What's stopping you from starting a VC fund that's REALLY CAREFUL with investments?