Risk vs Uncertainty
Jerry distinguishes between risk and uncertainty, highlighting that risk is measurable while uncertainty is not. VCs should invest in uncertainty, not risk, as they are qualitatively different concepts.In this clip
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20VC
20VC: Why Follow-On Investments Are Always A Better Investment, Why Spray and Pray Investing Is Like The Stock Market & Why Startups Need A Board From Day One with Jerry Neumann
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