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By Larry Chiang
The average VC firm screens 200 companies and only makes 4 investments a year.https://t.co/vO0s9Stjh5 by @anbuteau pic.twitter.com/ow1T3Aq8zT
— Elaine Ou (@eiaine) July 20, 2017
The numbers do not look great for a VC to fund a stanford engineer. Okay so…
that means 98% of founder-investor meetings are a waste of time for the founder. No wonder they’re all doing token sales.
— Elaine Ou (@eiaine) July 20, 2017
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