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Ben - [C/x]
@benersing
Rant of the Month: It’s fascinating to me that as early stage investors we care so much about the founder, and yet founder diligence methods are primitive. At the same time, we run all sorts of models to try and anticipate growth scenarios, despite the fact we know it’s impossible to predict. 1/2
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navi3
@navi3
Part of the model though is that VC is glorified gambling. People might want to say otherwise, but to some extent it could be considered a numbers game, so there is incentive to give room for leeway. There is precedent for founders to have wonky pasts and succeed exceeding.
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