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drllau's avatar

If your'e going to be objective, VCs supposedly invest based on the execution, not the idea per se (even team pedigree). As such perhaps the minimalist is the **state** (current) + **goals & priorities** to bridge between state and goals. Then if you think in bets, you can allocate odds of reaching goal given a finite time (and available resources). This moves the dynamic from a small number of VC gate keepers to a large number of punters (think high stakes poker -> retail racetrack) which in theory democractises finance and eliminates the huge regulatory burdens and vigs going from savers to LPs to FoFs to VCs to founders.

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