Hacker News new | ask | show | jobs
by howareroark 3756 days ago
I'm not sure 'true innovation' is what investors are looking for though. I mean that's what they say because it 'sounds right'. In reality they want to create a buzz and draw attention to something. I do agree that they need people, but the good ones make sure they have the right network.

I think what they do is entirely based upon intuition and ego. If it was just about making sure that things 'add up' a computer could do it and banks would make big bucks. They need to be sure that the idea really can be big in society, and that the founder is the type of person who will drive it there.