1 Comment

The bottleneck in the VC industry is it's general lack of s forward-looking, data-driven approach to understanding where innovation occurs and using it to vet-out stupid ideas. As a result the scale they need to manage is a smokescreen masking this lack of capability that requires an abundance of bad bets just to find a good one. They are s reflection of success rates in general.

Agree? If not, I have some data for you.

Expand full comment