I have no doubt that what Wil's saying here is true. But it's a shame if it is. Investors would do well to 1) pay the founders good salaries so they aren't bui

I have no doubt that what Wil's saying here is true. But it's a shame if it is. Investors would do well to 1) pay the founders good salaries so they aren't building up debt while they work, and 2) help the founders out by paying at least part of the debt they'd built up. The way things are, a lot of people will not want to take VC -- or any investment. I don't expect to get rich while actually working on my idea(s). But unless an investor helped me out by giving me less distraction (read: financial stress), I just can't see the point in taking his money unless it was out of absolute desperation. I think a lot of entrepreneurs would agree: investors are only hurting themselves -- there will simply be fewer things to invest in because hackers will find a way to self-fund into profitability. And you can believe that they'll pay themselves first.