> "let's let a few lame ideas in because they could grow huge"."
Which seems to be the strategy used by most VCs anyway. The primary difference is that may not (at the time) see some of those companies/ideas as 'lame' themselves. But "invest in a large number because X will fail and we need one homerun" seems to be the prevailing MO.
Which seems to be the strategy used by most VCs anyway. The primary difference is that may not (at the time) see some of those companies/ideas as 'lame' themselves. But "invest in a large number because X will fail and we need one homerun" seems to be the prevailing MO.