It’s even better: no requirement for accreditation, no capital at risk, and your upside persists past the venture they’re working on now, so you can basically optimize out any evaluation of idea/market and just pick people.https://twitter.com/lpolovets/status/1078787517279756289 …
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yeah I got that sense too from observing YC remotely over the years. great people can always pivot away from sucky ideas or sucky markets. its hard/impossible for a sucky person to transform into a great one. speaking in broadstrokes
Thanks. Twitter will use this to make your timeline better. UndoUndo
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in startups:
- Usually the ROI is negligible or nothing.
- Sometimes the ROI is decent.
- Once in a while the ROI is absolutely phenomenal.
Like angel investing, being helpful has limited downside and unlimited upside.