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No, what VCs do is try to figure out "Does this thing have any chance of making a big business." And they're mostly wrong. And not every tech idea is or shoul
by aetherson 10y ago
No, what VCs do is try to figure out "Does this thing have any chance of making a big business." And they're mostly wrong.
And not every tech idea is or should be VC-backed.
Software engineers are clearly in the cultural elite. And if any software engineer was in the business of telling people "I know what the right population and right problems are," they'd be idiots, too.
Note that that's distinct from, "I have AN idea that I think I can turn into a successful business, by targeting problem X of population Y" which says nothing about the universe of ideas.