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by ericjang 1530 days ago
> Based on that, this is essentially what you could call a "DudeRank Classifier" because as The Dude in the Big Lebowski says, "Yeah, well, that's just like, your opinion, man" :)

Yes, but isn't human VC investing already just a big DudeRank classifier?

1 comments

Yes, in the same way that institutional investing and society is one big "DudeRank" filter. It doesn't mean that there's no structure, it means that you're not looking at the right place.

The difference between a layman investing and a skilled top 10% VC investing is that the latter already stands in very strong position of human and social capital networks, and moreover (if they're actually skilled) has experience materializing that capital into strong 0-1 outcomes. Or being really good at survivor's bias.