WEEKLY THOUGHTS

Here is a topic, first posted in 2014, that we have been thinking about recently: Optimism What happens if it works?  Making decisions with imperfect or incomplete information is the defining characteristic of most business and investment decisions, particularly in the small business arena. Detailed due diligence or research can improve the odds of making a good decision, but certainty is very difficult to come by. Consequently, especially in a field like venture capital where the failure rate is quite high, it is important to have unbounded appreciation for the potential of new ideas to be truly revolutionary. In a lengthy