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That has everything to do with connections (e.g. accidents of history, in many cases before many of us were born) and nothing to do with personal merit.
by pw0ncakes 17y ago
That has everything to do with connections (e.g. accidents of history, in many cases before many of us were born) and nothing to do with personal merit.
- byrneseyeview 17y ago"Everything" and "nothing" are pretty strong terms! Good connections obviously help people raise money, which helps them make investments, which is what makes them VCs. But I've never met a dumb VC, and the only "lazy" ones I meet are better described as "efficient." The VC's job is to raise money, invest it in promising companies, and help them realize the maximum possible value of that investment. Being good at the last two is nice, but being unable to raise money would make it pretty tough for you to become an investor.