Investment Decision Making
Packy shares his approach to angel investing, emphasizing the importance of relative comparisons among founders rather than absolute optimism or pessimism. He discusses the complexities of investing in stories and people, even when the business case isn't clear. Auren raises an intriguing point about the concept of an "ideal scam rate," prompting Packy to assert that the goal should always be a 0% rate for ethical or moral scams.In this clip
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