4 ms·
These people definitely have the money, and probably the brains. The question is: is that enough? Because I doubt many of them are entrepreneurs by vocation. O
by nickpp 17y ago
These people definitely have the money, and probably the brains. The question is: is that enough?
Because I doubt many of them are entrepreneurs by vocation. Otherwise they wouldn't have been G. employees in the first place, working in their own startups instead. So I guess many of them are angels because "that's what you do if you have money in the Valley".
So, how important is being an entrepreneur for the success of the company you are funding? Maybe they should've stayed employees? Or as long as you have the money and the brains, you're a good angel?
I guess we'll find out. If nothing else, it will be a great experiment - I would love to see the final statistics.
- mattew 17y agoI suspect that a great many of these individuals share the following traits: - extreme intelligence - experience riding an extremely succesful company to the top - conifdence from that ride Many of these folks were in the right place at the right time however, and do not neccesarily have the experience as investors and business advisors. Should be interesting though. It doesn't matter how they got the money, they are putting it to work, and the relative efficiencies that startups have today vs 5 or 10 years ago will make these investments even more effective.
- deleted 17y ago[deleted]