> the market will keep rewarding "charismatic" and well-connected individuals with shitty-ideas and/or no business sense. VCs need to make money first and fore

> the market will keep rewarding "charismatic" and well-connected individuals with shitty-ideas and/or no business sense. VCs need to make money first and foremost. I doubt they care about one Theranos out of every 1000 or even 100 companies they invest in (I refuse to compare Theranos and WeWork). The idea that you invest in the team appears to be a winning strategy considering historical returns. So the question is, why would they change this?