venture capital evaluation process
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 6, 2021 by David Sacks · across every show →
Everything said about venture capital evaluation process, oldest first
Aug 6, 2021 negative
Sacks: VC pitch process measures storytelling, not underlying business validity
“Most of what the VC process does is just measure a founder's ability to tell narratives, and that may be correlated with their ability to do marketing, but it's not correlated with whether their idea is fundamentally correct or not.”