VCs: Our genius is that we make lots of predictions and if only 10% of them pan out, we’re hailed as saviors Also VCs: If anybody else makes a single prediction that fails to come true, they have lost all their credibilityhttps://twitter.com/paulg/status/1247096270956658688 …
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Replying to @felixsalmon
The difference is how the predictions are qualified. VCs are quite open about the fact that most early stage investments fail. Whereas the journalists and politicians in the Daily Show video express their opinions with zero qualification.
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Replying to @eeferm @felixsalmon
Of course. You'd sound like a noob if you said "This company is certain to suceed."
5:55 AM - 7 Apr 2020
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