
Mike Maples, Floodgate
Origins - Inside Venture Capital, Hosted by a GP and an LP
Is My Wisdom Overtly Greater Than the Wisdom of the Crowds?
Follow on investing when you really step back and think about it is more like index investing than picking in some ways. And so the problem that I think most people have is that they know things that aren't so. But I give the market a lot of credit for being able to select what the good series A candidates are. If we had done that and invested when we knew something explicitly, our skill would have gone up dramatically.
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