You make a lot of theoretical arguments but don’t talk at all about the fact that most of the startups VC’s fund fail sooner or later.
If all it takes to have a startup with a 80-90% chance of a $5-10M exit is checking whether the funder is smart and is hard working, VC’s should have higher success rates.
You make a lot of theoretical arguments but don’t talk at all about the fact that most of the startups VC’s fund fail sooner or later.
If all it takes to have a startup with a 80-90% chance of a $5-10M exit is checking whether the funder is smart and is hard working, VC’s should have higher success rates.