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Chris Sacca admits himself that if Twitter hadn't been his first investment [1], you'd never have known his name - he spent every dime he had (plus a few thousa
by cushychicken 12y ago
Chris Sacca admits himself that if Twitter hadn't been his first investment [1], you'd never have known his name - he spent every dime he had (plus a few thousands of dollars he didn't) in their seed round. It's not cynical to mention survivorship bias. It's the name of the game to not hear about the failures.
[1] http://gimletmedia.com/episode/1-how-not-to-pitch-a-billionaire/ http://gimletmedia.com/episode/1-how-not-to-pitch-a-billiona... (You'll need to listen for a bit.)