News for hackers. Stuff that matters.
Re:Welcome Peter by krschultz on Wednesday March 11, 2015 @08:39AM (#9183723)
What? From my experience startup investing is ruthlessly competitive. Every VC backed startup I have worked at had competitors funded by other VCs.
Re:Welcome Peter by philwelch on Wednesday March 11, 2015 @12:50PM (#9185039)
But it's not competitive in the same way sports are. If you're a basketball team, you only succeed by beating other basketball teams. If you're an investor, beating other investors isn't the definition of your job. It might happen incidentally, but not by definition.