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question

Through my development as a junior VC, I regularly find myself asking questions similar to those of my entrepreneur friends.

Without many ghosts of pitches past, I glean knowledge from others’ refined judgement and execution. Take it this way: venture capitalists are paid to act on a point of view, ideally one that proves profitable. But how do VCs identify what will return multiples on their money, many times years ahead of an outcome? What do they pay attention to when making such decisions?

Even the most basic of feedback can seem confusing.

To read the original article: How VCs think: Is your startup a feature, a product or a business? - The Next Web