I would be completely obsessed with this genre if it weren't total bullshit. Ego-rending self reflection laid bare for public consumption is probably just too much to ask, especially when only a tiny fraction of your anticipated audience can even grok expected valuehttps://twitter.com/justinmduke/status/988532672262631424 …
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Like I've heard people say that some funds put money into really late stage rounds of Snapchat so they could put it in their portfolio. Must be somewhat persuasive with LPs. Meanwhile, Bessemer puts "we could've been in Snapchat but we were late to the meeting" on their website.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I love that it actually names names. It's not even "we as a firm messed up". Nope. It's individuals who get blamed for missing things like Apple!
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Yeah great point that makes it even better haha. I imagine this is also pretty motivating internally. The world is going to know if you're the reason the fund passed on a unicorn
End of conversation
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