Arrington and Wilson talk about Kevin Durant, Jim Cramer, and how and how not to pitch a startup. Arrington:
If other venture capitalists are sheep, what animal are you?
I may be a sheep too…We like to think we get out in front of trends but a lot of people in the venture business don’t, they sit back and wait for what becomes obvious and they jump on it.
When people laugh at the company and say that’s the stupidest thing I’ve ever heard, that’s a good sign…people who are sheep in the business aren’t going to make a lot of money.