VC arbitrage opportunity #3482: Non-super-high confidence founders
VC seems to involve a great deal of reference points and pattern matching. Much of this I understand and respect. But I have a nagging feeling that investors overshoot in their collective bias, in a few ways.
One of these suspicions is that American investors bias too strongly against entrepreneurs who don’t melt the walls with their cold, hard gazes of ultra-confidence. Especially when it’s mostly a cultural thing. Of course, where there’s undervalue from one, there’s opportunity for others.
Sure, confidence is probably linked to venture success. But to the extent that funding success seems to indicate?
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