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The Retroactive Genius: "After the Fact" Narrative Filling in Venture Capital
If you listen to a successful venture capitalist on a podcast detailing how they discovered the next multi-billion-dollar unicorn , you will likely hear a story of flawless deduction. They will describe how they recognized the founder’s unique genius, how their proprietary " pattern matching " aligned perfectly with a macro-economic shift, and how they boldly deployed capital when others were fearful. What they usually leave out is the chaos . They omit the fact that the st

Aki Kakko
4 days ago4 min read
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