There Can Be Too Many Suckers at the Table

Sun, 12 Dec 2010 23:25:00 +0000

Everyone knows the old saw about poker: If you can’t spot the sucker, it’s probably you. It’s nice to think you could sit down at a table with incompetent players and take their money. It probably works in poker. Mark Suster applies the aphorism to angel investing in his post Dealflow – Are You Sitting at The Right Poker Table? It’s a good post, dealflow is really important. But the poker metaphor falls short. Too many suckers actually ruin a startup market.

Poker on Bulrush Labs — Richard Tibbetts

There Can Be Too Many Suckers at the Table