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adora | 5 years ago

It's true if you have a capital-intensive business, I will ask some of the toughest questions. I do this to figure out where you are in your journey of learning, not to find reasons to not accept you. In fact, we all take super-extra precaution to not over-learn from our own failures.

And to be clear, I've invested in plenty of startups with similar models. But I understand your perception of how things went.

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Judgmentality|5 years ago

> In fact, we all take super-extra precaution to not over-learn from our own failures.

I'm curious to hear more. How do you go about this?

adora|5 years ago

I don't like the phrase too much but short answer is intellectual honesty. For example, understanding what went wrong that was probably because of your decisions versus the market, customers, external forces, etc.

There are far too many examples of founders succeeding with an idea after many people before them failed with same idea. I think any good investor is cognizant of this.