VCs are notoriously bad at making proper and non-dart-throw decisions. So while I commend a VC trying to break that mold and create an actual process, they should not push that model onto founders.
Founders already do this and work with a massive set of changing input data. They have to make decisions with incomplete data and that’s when the “gut” does and should kick in.
VCs have all the data and resources in the world and being busy is a lazy excuse.
This is from my 25+ years of doing startups, raising money and analyzing the ecosystem. The gut feel CAN be a key secret weapon for a good founder.
Ok, please don’t quote former poker players that are hired by VCs. I mean really :-)
Thanks Reza. I hear ya. What specifically did you disagree with in the article? Love to hear your perspective.
Hi Kyle,
VCs are notoriously bad at making proper and non-dart-throw decisions. So while I commend a VC trying to break that mold and create an actual process, they should not push that model onto founders.
Founders already do this and work with a massive set of changing input data. They have to make decisions with incomplete data and that’s when the “gut” does and should kick in.
VCs have all the data and resources in the world and being busy is a lazy excuse.
This is from my 25+ years of doing startups, raising money and analyzing the ecosystem. The gut feel CAN be a key secret weapon for a good founder.