Douvos: Long venture horizons make lucky investors think they are smart
Chris Douvos · Venture Capital Panel – Beezer Clarkson, Chris Douvos, and Joelle Kayden (Capital Allocators, EP.299) · Feb 27, 2023 · at 38:44
Chris Douvos of Ahoy Capital critiques the venture capital industry's extended feedback loops and attribution of luck versus skill.
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“That's the thing that's crazy about venture. It's like, you have a whole community of people who've been lucky who think they're really smart and the evaluation horizons are so long. There's like no feedback.”
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