Close scrutiny of VC deal terms in India reveals a nuanced pattern of objectivity and discrimination.
No matter how rational we may claim or want to be, no human being is entirely free of bias. The challenge is to be aware of one’s own bias – or, failing that, to design processes that mitigate bias – so that objective considerations can prevail. This challenge becomes especially pertinent in a field such as venture capital, where intrinsic uncertainty renders decision makers particularly prone to irrational influences.
