Hacker News new | ask | show | jobs
by dbul 4932 days ago
Excellent. Not too long ago I asked a partner at a very well known VC firm if they would consider investing a small amount ($x00) in many "startups" to see if the founders would use the money effectively and follow up with a more serious investment if so. He looked at me as though I was asking sarcastically rather than sincerely.

I'm confident that these six new Pinboard/Ptacek/A16Z companies will have excellent return on investment.

Humor aside, there are many smart founders but being brilliant and being money-minded are orthogonal.