Specifically, he's not just investing in startups, but investing in ones that ha... | Hacker News

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		chrisdirkis on Sept 14, 2024 \| parent \| context \| favorite \| on: Jerry Neumann: Resignation Letter Specifically, he's not just investing in startups, but investing in ones that have a factor that is either unknown or unknowable. That's a different strategy from YC's "Invest in promising founders" or the typical VC "Invest in early stage startups with good metrics".

mizzao on Sept 14, 2024 [–]

It must have been "promising founders working on an idea with an unknown or unknowable factor", right?

I can't imagine it working out so well without that qualifier.

chrisdirkis on Sept 14, 2024 | [–]

Most likely, I'm just passing on what's noted in the post. There's likely a lot more nuance to the actual decision-making :)

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