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by varelse 1662 days ago
As someone just barely past past the affluence event horizon, VCs are now actively courting me to lead startups to develop their ideas or to invest in their funds. Previously, they just dismissed me as hella smart but clearly not leadership material (apparently net worth is an equivalent virtue signal to academic pedigree, who knew?). I am instead investing in myself and building skills orthogonal to what got me here so as to push senility off into the far off future.

I like the concept here in principle. But I would love to see it expand to also attracting tribes both in terms of time and money to build concepts. These days, I tell startups that want my money that it is off the table, but I offer my time and opinions in exchange for free dinners. It's up to them whether they consider that a good deal or not. Or it's easy to get money if you're willing to search for someone who's already pursuing something similar and you just need to express your concept as if it is their concept. What's hard is finding people who can execute all the way to production. Thank you for attending my TED Talk(tm).

1 comments

I've had a similar experience. It is kinda satisfying to tell those folks thanks, but you simply don't have time for their call.

Valley VCs shop for very particular people, and behaviorally, are perfectly fine ignoring good ideas if the body in front of them (when young) didn't go to Stanford or (when older) doesn't care about some of the same things.

Just ignore them, they're increasingly unnecessary.