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by danblick
3541 days ago
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Just something to think about: everyone who gives advice has their own goals. Sometimes those goals align with yours and sometimes they don't. The economics of VC make it so that they need their companies to be big successes or not succeed at all (Thiel's "Zero to One" talks about the power law distribution of VC returns on investment). So it makes sense for a VC to give "take huge risks" as advice. That may be good advice, or it may not be, but if advice is in someone's economic interest you should probably take that into account... For that matter "Zero to One" also argues that people should aim high and do important things. |
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