After missing Honey's $4B PayPal exit, VC's thesis: back super-entrepreneurial friends regardless of the idea
dunkhippo33 · x · 2026-11-12
Elizabeth Yin shares another miss: her school friend Ryan Hudson mentioned Honey's seed round was coming together — not a pitch, but she could have asked in. She passed because she doesn't get consumer (and still doesn't); PayPal later bought Honey for $4B. Weighing this against Shield AI's Ryan Tseng and others, she's developed a thesis: sometimes you should just invest in your super entrepreneurial friends even if you don't like the idea.
Related event: Hustle Fund Founder's Regrets: Missing Shield AI and Honey(3 posts)→
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