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by mixmax
6653 days ago
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"Why?" Because a great product is not the same thing as a great company. Investors don't invest in a good product, they invest in great people. Look at any VC or angel webpage and you'll see what I mean. Here is a quote from YC: "The people in your group are what matter most to us" And btw. University research is for finding out how the world works, business is about making money. There is a big difference between the two. |
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How are they quantifying great people if they are new? School? GPA? Fraternity? What is this VC metric based upon?
How can you not judge a founder based upon the product of their efforts if it is not good?