How Venture Capitalists Make Decisions: from HBR. “Because VCs rely on their networks to source opportunities, entrepreneurs should research who belongs to a VC’s network and try to get an introduction from someone in it…Because VCs look at more than 100 opportunities for every one they invest in, entrepreneurs should be prepared to pitch to many VCs.”
The fatal conceit of technocracy that afflicts most policymaking: by Vivek Dehejia. “Human beings will react to government policy aiming to shape their behaviour, and this reaction will often serve to negate or offset the intended aim of that policy. Government intervention in the economy is, therefore, often self-defeating, precisely because human beings are not pawns on a chess board, but react purposefully to such intervention, exactly as Smith understood almost 300 years ago.”
