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by ling3
1912 days ago
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There is another side effect to this that I would add as a casual investor. My bar for getting involved in a US startup is much higher than it used to be, because it's hard to make uncomfortable changes that might be construed in the wrong way. I find myself investing more freely in other countries where there is more upside and less risk of a career-destroying media storm. China for example has all kinds of unique risks associated with its government, but these are more predictable. I think this may be the biggest long-term side effect to all of this stuff - the US loses its position as the place to do disruptive business. |
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If you are already invested? I find it's pretty easy as I really am only looking to back people who are open-minded, receptive and coachable in the first place as I hope I am. One of the most common criticisms I make is that someone backed the wrong head of sales, head of growth, etc. and folks almost always hear me out because I can be quantifiable (sales metrics) and bring a solution (someone better).