@jake_gold @codinghorror @mathowie @paulg capital speaking against unions has been explosive for 200 years. Y’all are supposed to be smart
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@paulg@codinghorror@jake_gold@mathowie I think there’s confusion here between venture capital as a concept, and VC as a technical term -
@baconmeteor@paulg@codinghorror 2-uninvited-¢ from my experience: YC focus is what/how to build 1st version; VC, assessing ensuing worth. -
@patrickc@baconmeteor@paulg I would argue that smart VCs now realize they have no idea what will "work", and the best strategy is seed++ -
@codinghorror@patrickc@baconmeteor 5 years ago they were leaning that way. Then they saw the cost of being conflicted out of the winner. -
@codinghorror@patrickc@baconmeteor So lately they've shifted later. They'd rather have more certainty, even if it costs a lot.
End of conversation
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@paulg@baconmeteor@jake_gold@mathowie not sure others see it that way. There has been a seed explosion, and that's a good thing, but...Thanks. Twitter will use this to make your timeline better. UndoUndo
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