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This is ridiculous! (It should be, if you want to make money)

April 25, 2013

Fred Wilson recently published a post where he said:

We have made more money on things that were highly ridiculed than on any other cohort. When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.

This is something that’s a bit counterintuitive – because usually when it comes to money and business, it’s not just about numbers with people – it’s also about, well, fancy suits and maybe most of all: RESPECT.

And respect and ridicule are on the opposite spectrum of that thing.

So you have to make a choice when you make a business decision:

do you want safety or success?

Do you want respect or ridicule?

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