[learc83]

I'm sure the company is filled with engineers now. But my point is why put someone with no research, engineering, or management experience in charge?

Imagine a hypothetical scenario. I'm a VC and some kid with a degree in biology told me we should make phones that use ultra capacitors instead of batteries.

Me: "That sounds cool, but it's probably not going to work because ultra caps just don't have the energy density."

Kid: "Yeah but if you give me 25 million dollars I can hire a bunch of engineers and figure it out."

Me: "Why do I need you? You're idea isn't novel. You don't have any experience or training, and you probably can't even do it."

Kid: "But if I do, you'll make billions."

Me: "I can give the same money to anyone of thousands of people qualified to actually run an R&D project, and I'll have a much higher chance of success."