don't you think part of it is, startups that are not clearly hotshots that are going to raise a ton of cash quickly end up needing to focus on fundraising, and,

don't you think part of it is, startups that are not clearly hotshots that are going to raise a ton of cash quickly end up needing to focus on fundraising, and, as an investor, I would expect significant adverse selection on those startups that didn't land big time backers right away