Callaghan: Loss aversion is the primary bias holding back venture capital
Jon Callaghan · 20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan · Sep 6, 2017 · at 8:57
Jon Callaghan, co-founder of True Ventures, analyzes behavioral biases among venture capitalists after they write an initial investment check.
“The biggest bias is loss aversion, so if you were to break down the venture capital industry, one of the biggest issues constraining the potential of our industry is loss aversion”
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