Consensus Decisions

topic on 2 shows · 3 statements across 3 episodes

the Knowledge Project 20VC

3 statements about Consensus Decisions, every show

20VC Insight
Goldberg: Early-stage consensus decision-making creates mediocre consensus funds
“The biggest mistake is when you try to make consensus decisions at the early stage, I think you end up with consensus funds.”
Mark Goldberg Oct 25, 2024 ▶ 0:18 Mark Goldberg: Why Politics is Rife & Decision-Making is Broken in Large VCs | E1219 · 20VC with Harry Stebbings
Klein: Consensus decision-making favors safe options over bold innovation
“And I also don't like consensus decisions because those tend to be, and in other situations, the consensus is fairly risk averse, unlike with the Martian. And people want to have something that everybody can agree with, and you've lose, lost your opportunity F…”
Gary Klein Aug 9, 2022 ▶ 1:05:36 Gary Klein: Insights For Making Better Decisions
Collins: History shows zero correlation between consensus and smart decisions
“Another big thing we learned is, near as I can tell, there is no correlation between consensus decisions and intelligent decisions. In the history of corporate history, most great decisions are taken where there's still substantial disagreement still in the ai…”
Jim Collins May 4, 2021 ▶ 40:56 #110 Jim Collins: Relationships vs. Transactions

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