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Nice, pg.

Have you ever given a similar vote of confidence to founders who didn't live up to your expectations?




Maybe not quite that persistent, but I've definitely tried to sell investors on startups that didn't end up doing very well. Even by the end of the 3 months we are far from perfect at predicting who the big winners will be.


The idea with this kind of thing, as far as I can tell, is to be as nuts (i.e. risk-friendly) as you can possibly get away with. If you're never wrong, that's probably an indicator that you could get away with being a lot more nuts.

Moreover, if you do pump a startup and you are wrong, then to explain the situation is often to piss all over the work of said startup.




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