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Howard Lindzon - Errors of Omission and other Investing Lessons Learned Along the Way (EP.244)
Panic with Friends - Howard Lindzon
The Biggest Era of Omission in Seed Investing
Howard Kurtz: My first huge errors in seed investing were more about errors of omission. In 2006, 2007, 2008, 2009, when most of my errors of omission occurred, people made fun of investing in startups. Fred Wilson presented me an opportunity to invest $25,000 in the Twitter at a $17 million value. He didn't think it was investing. It's not really a favor. This is out of your pocket. So I said, Fred, you're insane. Please don't call me with your hair, brain ideas anymore, which he hasn't. And I will take the passaroo on this overvalued idea. Now, that's a big miss. Knute
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