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by AznHisoka 2474 days ago
What if the startup ecosystem took a downturn, and it lost 50% its total valuation?

Would investors then have a problem with Mithril sitting on the money, doing nothing?

1 comments

Investments shouldn't be judged in hindsight, the ends don't justify the means, etc.
Hindsight is the only meaningful metric for investments. Was it a good bet or not? Full stop.
That's like saying the supreme court's verdict is the only metric for whether something is constitutional. If that's so, then where do they get their rulings from?

You're implicitly denying the difference between correlation and causation.