You are viewing a single comment's thread from:

RE: LeoThread 2025-08-17 05:22

in LeoFinance5 months ago

and they had an idea for the business, which was really going to fit the market. And the VCs helped in the margin, but they didn't explain what they did after the deal is not the main explanatory factor. So I think probably deal selection is more important than deal custodianship. That's interesting. So that actually raises a couple of questions. First of all, it brings us back to the original observation, which is this is an area where in investing where there still is a lot of qualitative analysis. But within that qualitative analysis, you as an outsider came in trying to identify some type of formula for success. What were you able to derive from your experience and from all the interviews you did? I mean, were there certain types of things that time and again proved to be correlated with success in early stage investing? Yes. So right at the beginning, there were a few mental models that had to be adopted. You know, one was this power law idea, which is that it's OK if eight out of (11/45)