2 ms·

"Why?" Because a great product is not the same thing as a great company. Investors don't invest in a good product, they invest in great people. Look at any VC

by mixmax 19y ago

"Why?" Because a great product is not the same thing as a great company. Investors don't invest in a good product, they invest in great people. Look at any VC or angel webpage and you'll see what I mean. Here is a quote from YC: "The people in your group are what matter most to us" And btw. University research is for finding out how the world works, business is about making money. There is a big difference between the two.

chaostheory 19y ago
wouldn't it be safe to assume that great people make great products?
- mixmax 19y ago
  Well, great product people make great products. But if they don't have great marketing people nobody will know.
  - chaostheory 19y ago
    from what I gather you seem to be saying is that great product people aren't as great as great marketers / biz people and that great product ppl/devs can't simultaneously have great marketing and biz skills too
    - mixmax 19y ago
      What I'm saying is that we should all try to get along and try to respect each others skills. That's all :-)
      - aswanson 19y ago
        Nothing wrong with that.
aswanson 19y ago
Investors don't invest in a good product, they invest in great people How are they quantifying great people if they are new? School? GPA? Fraternity? What is this VC metric based upon? How can you not judge a founder based upon the product of their efforts if it is not good?