VCs often ask other people in their network what they think about a potential investment.

That's because VCs are all about riding the collapse from non-consensus to consensus.

When an idea goes from non-consensus to consensus, value is formed.

VCs want to get in right before the transition, to ride the value pop with minimal risk.

One of the best predictors of whether an idea will become consensus is what other people in the industry are thinking.

Then, as a project becomes consensus, some new extension of it becomes the next non-consensus frontier.