What? This is no different than any filtering in any domain. Who to hire? What movie to go see? You want someone who personally knows you, whose opinion you trust, to vouch for someone rather than going on a cold guess.
Now this is what I don't get, because usually, that doesn't work. At all. I know from experience that imdb score is a much better predictor of how good a movie will be than a recommendation of a friend, who might have a completely different taste than me.
Same with electronics - I know I can make a much more informed decision by doing my own research than most - if not all - people I know, but maybe I just don't know the right people?
Comments
What? This is no different than any filtering in any domain. Who to hire? What movie to go see? You want someone who personally knows you, whose opinion you trust, to vouch for someone rather than going on a cold guess.
Now this is what I don't get, because usually, that doesn't work. At all. I know from experience that imdb score is a much better predictor of how good a movie will be than a recommendation of a friend, who might have a completely different taste than me. Same with electronics - I know I can make a much more informed decision by doing my own research than most - if not all - people I know, but maybe I just don't know the right people?
Ok, so what's the equivalent of an IMDB score that VCs could use to judge a startup pitch?