Jul 28, 2017 · 1 min read
It’s mentally lazier to grasp at pseudo-qualification signals than to do necessary, sufficient and effective due-diligence by digging into real data, business model and applying qualitative intuition about whether a venture is able to succeed enough to recoup investment and help the IRR.
It maybe another sign of pervasive business-theatre fashions and rituals; just look at verbose and useless “legal” disclaimers people keep on bloating up their emails signatures.
