The Crowded Restaurant Theory and Why VCs Get It Wrong

The metrics through which venture capital views internet based startups are all mashed up to their own detriment.

Lance Ng

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Photo by Nathalia Segato on Unsplash

In 1999, when I was a sophomore in university I visited a ‘dot.com’ era startup as part of a school project. That was when the whole culture of ‘it’s hip to be in a startup and go to…

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