False Positives of Pedigrees and “Pattern Recognition”
newsletter.equal.vc
The number #1 job of an early-stage VC is to invest in people. If you get the people part wrong, nothing else can go right. As an investor, it can be terrifying that something that can seem so qualitative represents the lion’s share of influence in investment performance, but it’s the truth. This is what places such a significant premium on repeat founders with demonstrated success and sky high valuations for founders that seemed “de-risked”.
False Positives of Pedigrees and “Pattern Recognition”
False Positives of Pedigrees and “Pattern…
False Positives of Pedigrees and “Pattern Recognition”
The number #1 job of an early-stage VC is to invest in people. If you get the people part wrong, nothing else can go right. As an investor, it can be terrifying that something that can seem so qualitative represents the lion’s share of influence in investment performance, but it’s the truth. This is what places such a significant premium on repeat founders with demonstrated success and sky high valuations for founders that seemed “de-risked”.