Why Entrepreneurs Are Better Judges of New Ideas than Expert Investors

Seven years in, Village Capital co-founders Ross Baird and Victoria Fram write about how Village Capital has reimagined venture capital from the bottom up

Ross Baird
Dec 15, 2016 · 9 min read

Why are entrepreneurs better forecasters of new ideas?

1. Forecasting beats assessment.

2. All investment decisions have unconscious bias — it’s better to be honest about it.

3. Scaling from the top down creates conflict; scaling from the bottom-up creates better results.

Seven years in: Democratizing entrepreneurship

Village Capital

Blog for Village Capital. We're reinventing the system to back the entrepreneurs of the future - a future where business creates equity and long-term prosperity.

Ross Baird

Written by

CEO of @villagecapital; also teach at @UVA. Enable entrepreneurs to solve major global problems. Big fan of @UVa basketball, @braves.

Village Capital

Blog for Village Capital. We're reinventing the system to back the entrepreneurs of the future - a future where business creates equity and long-term prosperity.