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Is this how most VCs think?

2 pointsby cvs268over 9 years ago

1 comment

cvs268over 9 years ago
TL;DR: A VC shares his positive experience when he saved his commute time by offering 3x fare if the auto-rickshaw driver can get him to his office faster than usual.<p>Nice write-up. But i&#x27;m more interested in what happens next?<p>1. In return for your 3x fare, can he deliver consistent savings everytime?<p>2. How would you react when one day, despite your 3x offer, the optimised-for-time routing takes longer than the shortest-path that you would follow in your car?<p>3. Will the 3x fare continue to have the same motivational effect after 6months of this arrangement?<p>4. Did throwing money at a problem actually solve it? Or did it promote an inefficient solution (3x fare) and stifle actual innovation(remote-work facility)?
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