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by say_it_as_it_is
1096 days ago
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It goes all the way upstream. People build SAAS companies offering services based on best practices while the product/engineering have had zero prior experience with the subject until their current project. People found companies selling themselves to investors as experts in the field that they have no experience in. Investors sell themselves as experts of the industry that they just invested in these founders for. Pension managers investing in the VC funds sell themselves as investment managers who practice a disciplined investment strategy. Yet, the only people who usually are carefully evaluated are the engineers. The rest get a pass based on personality and character. |
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