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« The jazz cd i keep listening lately: Falando de Amor by Stefano Bollani | Main | I was not playing like that when i was 7 »

25 June 2007

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Comments

Jean carl

Hi Ouriel,
it is hard to think VCs need firt to hear from their network before looking at a new investment opportunity..
don't you think they have got the skill to find any investment opportunity by themselves just discovering a good product or service that no one has already talked about yet.

ouriel

it is not a question of skill but a question of timing and noise. when you receive 20 business plans a week + work with 5/10 portfolio company you need some quality signal that helps you find your way

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