The 'spray and pray' seed investing model does not work
Garry Tan · 20VC: Garry Tan on The Biggest Takeaways From Advising 700 Companies @ Y Combinator & Why Now Is The Golden Age For The Early Stage? · Dec 14, 2016 · at 19:26
Garry Tan, co-founder of Initialized Capital, argues against passive, high-volume seed investing strategies.
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“If you're spraying and praying, it's not going to work. You can't help the founders, and you can't keep in touch to actually increase their chance of success.”
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