[airnomad]

A little bit offtopic, but I really don't get why anyone should care about "how to make successfull company" tips from VCs? VCs are probably better then you at detecting possible winner whey they see one. They also should know a thing or two about traits of successful companies.

But if they really know how to make one, they would do just that. Last time I checked, making a successful company is way more profitable then investing other people's money in one.

[SatvikBeri]

Let's say the average startup has a 10% chance of succeeding. An investor-mentor who could groom startups to raise that chance to 20% would be considered a genius and contribute a lot of expected value. But the investor's expected utility would be much higher by coaching and investing in multiple companies than by trying to start their own.

[purplelobster]

It seems to me that once you have money, it's easier to make more money through investing than it is starting more businesses.