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by mixmax 6653 days ago
"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.

2 comments

Investors don't invest in a good product, they invest in great people

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?

wouldn't it be safe to assume that great people make great products?
Well, great product people make great products. But if they don't have great marketing people nobody will know.
from what I gather you seem to be saying is that great product people aren't as great as great marketers / biz people and that great product ppl/devs can't simultaneously have great marketing and biz skills too
What I'm saying is that we should all try to get along and try to respect each others skills.

That's all :-)

Nothing wrong with that.