Venture capital’s biggest myth
The biggest myth in venture capital in startups?
When, after their unicorn or decacorn exit, the founder or early investor goes on a podcast and says, "This is how I knew we were solving a problem that meant we would win."
Nobody knows. Founders are doing their best among uncertainty. Investors are doing the same.
We are all just trying to shift the distribution of outcomes as far as possible to the right.
Then, what will be will be.