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The problem is that the nerds have no interest in doing the work involved in running a VC. Your Sergei’s, Larry’s, and Bill’s all seem to prefer philanthropy to

The problem is that the nerds have no interest in doing the work involved in running a VC. Your Sergei’s, Larry’s, and Bill’s all seem to prefer philanthropy to investing. PG is an obvious exception, though by all accounts it seems as if his YC commitments still allow him to do nerdy stuff.

NSX2 19y ago
Surely they'd eventually get bored at making up for lost time not having intercourse with hot babes; and how many fancy sports cars can you possibly buy before you realize there's more to life than driving fast. Seriously, after you've bought the houses, the cars, the trophy wives, what else is there other than to get involved in the process? Isn't that everybody's dream, the old, "Boy if I ever made it, I would do things SOOOOO differently!" Otherwise, what's the point? If I ever made it, the FIRST thing I would do (besides paying down my credit cards and finding a slightly larger apartment) is to try my hand at "doing things the way I wish they were done" ... I think it would be a heck of a lot more fun putting yuppie ivy-league mbas out of business than spending money on fancy food and cars and designer suits ... But then again I don't have a lot of money so what do I know? Maybe once you have the money and can actually afford those things you develop an inevitable, "the hell with everyone else" attitude ...
- falsestprophet 19y ago
  There are still trophy mistresses.
greendestiny 19y ago
Plenty of nerds are angel investors. Generally VC's are big funds of other peoples money and their job, or the firms, is in large part selling their fund to investors - I think geeks generally want make to their own companies if they don't have money or invest in other companies if they do.
- NSX2 19y ago
  Why does it have to be "nerds" ... why can't it be anybody that was a succesful entrepreneur and either got screwed by financial types or found a way to do it without financial types. Let's not alienate anybody. For all you know there might be some guy who made a fortune in something mundane and may want to invest in promising young people and he's reading this and thinking, "Oh, I see, they only want money from "nerds" with engineering degrees ... guess my money's not good enough for them." Personally I'd take money from anybody who made it any way other than as a result of hurting someone in the process and could care less about their "pedigree" or "nerd-factor" ... the fact that they may have made it without the advantages of a masters from MIT just tells me they have THAT MUCH MORE streetsmarts to compensate ...

NSX2 19y ago

Surely they'd eventually get bored at making up for lost time not having intercourse with hot babes; and how many fancy sports cars can you possibly buy before you realize there's more to life than driving fast. Seriously, after you've bought the houses, the cars, the trophy wives, what else is there other than to get involved in the process? Isn't that everybody's dream, the old, "Boy if I ever made it, I would do things SOOOOO differently!" Otherwise, what's the point? If I ever made it, the FIRST thing I would do (besides paying down my credit cards and finding a slightly larger apartment) is to try my hand at "doing things the way I wish they were done" ... I think it would be a heck of a lot more fun putting yuppie ivy-league mbas out of business than spending money on fancy food and cars and designer suits ... But then again I don't have a lot of money so what do I know? Maybe once you have the money and can actually afford those things you develop an inevitable, "the hell with everyone else" attitude ...

falsestprophet 19y ago
There are still trophy mistresses.

greendestiny 19y ago

Plenty of nerds are angel investors. Generally VC's are big funds of other peoples money and their job, or the firms, is in large part selling their fund to investors - I think geeks generally want make to their own companies if they don't have money or invest in other companies if they do.

NSX2 19y ago
Why does it have to be "nerds" ... why can't it be anybody that was a succesful entrepreneur and either got screwed by financial types or found a way to do it without financial types. Let's not alienate anybody. For all you know there might be some guy who made a fortune in something mundane and may want to invest in promising young people and he's reading this and thinking, "Oh, I see, they only want money from "nerds" with engineering degrees ... guess my money's not good enough for them." Personally I'd take money from anybody who made it any way other than as a result of hurting someone in the process and could care less about their "pedigree" or "nerd-factor" ... the fact that they may have made it without the advantages of a masters from MIT just tells me they have THAT MUCH MORE streetsmarts to compensate ...