[webmaven]

> It doesn’t matter if his last 3 projects failed. They were all ambitious and he got people to work on them.

Just getting people to work on your projects isn't necessarily that hard as long as you pay them market rates. Or they are young and naive.

If you're looking for evidence of visionary leadership, it kind of matters who, specifically, you're getting to work on your projects (because the folks you want all have their pick of places paying market rates), and it really makes a statement if highly competent folks are being paid below market rates in return for equity.