Sometimes people don't realize that 'professional' ideals and 'reality' are different.

What you're talking about seems like 'ideal' investing, not real world investing at all. Of course, the VCs in your country and the VCs in my country are different.

It's like in software, where everyone says you should write maintainable code within the norms, but in reality, most people don't do that

that investing in 'potential' is the basic principle of VCs. They call it the power law. But when you look at actual investment portfolios, it seems quite rare for people to follow only that principle. I guess you don't think so. Of course, I agree that ideal venture investing follows the power law. But in real world investing, there are pragmatic investors who operate somewhere between the ideal and reality. We always project ourselves onto the 'ideal,' but I don't think there are only people who are immersed in that ideal. Of course, no VC would invest in someone like me. I've met with VCs three times in my career, but they all turned me down. Haha.