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by arnoldwh 4698 days ago
It's a bit like a game. It's the investors job to eliminate false positives and vs. a first time founder, investors will typically have an advantage in that they've been through this many times before.

Trying to "beat the system" is like trying to beat investors at what they would on average be the best at doing and potentially sending inadvertent false positive signals caused by the nervousness of being new to fundraising.

If you focus on what PG recommends, you eliminate a lot of that friction since you eliminate the nervousness.

My tl;dr: In the fundraising lottery, it's easier to sell investors a ticket than trying to convince them you have the winning combination.