VC Confessions: I Don’t Care About Your Product Demo
John Greathouse

Hi John,

In this article you present a paradox as when compared with your article on Uber. In the Uber article you state that you regretfully didn’t invest in Uber because it didn’t fit your investment thesis (Sale of software as opposed to supplanting real world service). In this article you state that you invest in b2b, essentially stating the same rationale for not looking at an investment in a particular space other than b2b. I’m curious as to how you reconcile the two positions: having an investment thesis which precludes investing in non b2b vs. regretting having not invested in a space outside of b2b? What can an entrepreneur learn from this?

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