The Investing Game

Venture investing is all too similar to the Dating Game (and if you got that reference, you might be old enough to be an investor). The Dating Game was a loathsome television product of the 1960s whereby a single woman would choose from three likely suitors through a blinded question and answer process (though occasionally a man would select from a trio of ladies). Being Hollywood, the show’s contestants were frequently publicity seeking entertainers, some of whom later actually made it in the business (Sally Field appeared one year before becoming a religious aviator). Mostly the program was a demonstration of showmanship over substance as several men attempted to sound suave enough to be datable. Much like an investor pitch session. The start-up/investor match making process remains a relatively unorganized mishmash, where waves of undesirable and ill prepared entrepreneurs seek the favors (and fortunes) of investors. For a match to … Continue reading