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by pj_mukh
3483 days ago
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It's only in hindsight that 90's era Google is an "obvious win". It was "just another Search engine with a bunch of Stanford buddies for investors" in the 90's and probably would've been called so on HN. Its seems to me that convincing a bunch of people to part with their money for your idea and then relentlessly trying to execute on it (as PH's founder seems to have done) is very meritorious. Some investments are clearly made to friends, but you aren't convincing any investor to NOT invest in their friends who they think are great, personally. Now if only there was a process to democratise this discovery more.... P.S: I was referring to AngelList in the end there. |
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