Comment on Predictably Bad Investments: Evidence from Venture CapitalistsparentComments−darkerside4yI think this is missing the desired return for the risk adjusted trees.Reminds me of the old advertising saying about knowing half the advertising they do is useless, but they have no idea which half.−omarhaneef4yAbsolutely. But in this case the author claims he does know which half. That’s what the whole paper is really about: figuring out which half. (Not saying you have to agree with him)
Comments
I think this is missing the desired return for the risk adjusted trees.
Reminds me of the old advertising saying about knowing half the advertising they do is useless, but they have no idea which half.
Absolutely. But in this case the author claims he does know which half. That’s what the whole paper is really about: figuring out which half. (Not saying you have to agree with him)