hot take but i believe that “venture math” is based on bad assumptions, bad advice and poorly run companies

making data useful with AI. Previously built @stelo to keep you safe from phishing 
benscharfstein.twitter
https://nf.td/ben

To elaborate, I really mean that I think it’s possible to invest in technology companies that aren’t billion dollar opportunities and still make money.

Requires very different entry prices and responsible growth / spend after that

Why entry price and not % of investments successful? Assuming decrease in cost of building businesses?

Yes that too. If every investment is EV positive you profit.