But whatever happened to a sound business plan, an experienced team, and a sound business idea? If most of the risk has been taken away, then you don't need hi

But whatever happened to a sound business plan, an experienced team, and a sound business idea? If most of the risk has been taken away, then you don't need high-risk venture capital. In many cases, the business idea only seems Sound in hindsight. Google == "Yet another search engine with a crazy valuation run by two very arrogant prima donnas" AirBnB == "Some crazy idea contingent on strangers opening their houses to each other." Capital is chasing returns that are not sustainable. If this is the case, then people will lose the capital. That's the price of a free market, and the occasional Zuckerberg returns.