[lmeyerov]

Yes and no:

- Sure, some long island hedge fund genius is probably smarter at finance than some bay area VC for reasoning about most public companies

- But the professional VCs who have been in a specific company for 4-10 years, watching the team+category outperform 90% of the rest of their portfolio & their many competitors, and fighting for them round after round & pivot after pivot, have a much better sense of hold/sell vs some quant who doesn't know all that. That's a lot of insider knowledge for a finance professional.