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Another thing is it seems people want to move into VC rather than keep building products. Investing is inherently lazy, it requires decision making but not much
by seibelj 6y ago
Another thing is it seems people want to move into VC rather than keep building products. Investing is inherently lazy, it requires decision making but not much work if you are the person who has the connections to raise the fund. You can hire other people to do the effort of managing investments because you can’t be dethroned from having the money connections.
So people who actually make successful products get valued more and more. The unfortunate part is you actually have to work for a living, but luckily you keep getting more of the lazy people’s money.