As an investor in a small market, I often dwell on the impact of false negatives in our decision-making. Which capital- or regulation-intensive business could have reimagined how we engage with the world but never received funding? Early no’s from investors matter because of the role of reflexivity in startup creation. No startup has objective value. Instead, the value of the startup is entirely subjective - what do people believe this company could be worth in the future?
Making Connections #3: On Reflexivity
Making Connections #3: On Reflexivity
Making Connections #3: On Reflexivity
As an investor in a small market, I often dwell on the impact of false negatives in our decision-making. Which capital- or regulation-intensive business could have reimagined how we engage with the world but never received funding? Early no’s from investors matter because of the role of reflexivity in startup creation. No startup has objective value. Instead, the value of the startup is entirely subjective - what do people believe this company could be worth in the future?