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mk · 1681 days ago · link · · parent · post: What happened when a venture capitalist told the truth about a Mark Zuckerberg-backed start-up
SF VC is all sorts ridiculous. However, I think the author is missing something. The dude was chastened because he was bragging about not investing in a company that failed. It’s something insanely easy to do, and basically worthless. If he just left out the part about them passing multiple times, the criticism would be fine. VC pass on dozens of companies for each one they invest in, if not more. Saying you’re smart because you passed is inane.