When I was a VC looking at projects, I had a simple standard: if the founder said he wanted to be the Alibaba of the XXX industry, then this project is most likely not suitable for entrepreneurship. Why? Because this usually means that the founder is most likely not clear about his own track and business model...
By the same token, if you talk about investment with someone online, and the other party starts to cite Buffett, any more words are nonsense, because he only knows Buffett...Smile
