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An interesting exercise would be for just one fund to not care about deck spacing, font and background ... or whether they have a CEO ... or if founders are ex-
by throwaway1556 5y ago
An interesting exercise would be for just one fund to not care about deck spacing, font and background ... or whether they have a CEO ... or if founders are ex-FB ...
A fund that just backs raw R&D ... with no referrals or exit history ... only evals the tech on merit
The few pure R&D funds that do that, to my knowledge, are restricted to university spin-outs right now
As things stand today -- the individuals (I know) most capabable of building awesome engineering are the least likely to get through the current VC obstacle courses -- who are all looking for the same needle in the same haystack
- yaseer 5y ago>A fund that just backs raw R&D ... with no referrals or exit history ... only evals the tech on merit Define 'merit'. From the perspective of an investor, merit is commercial potential. Small traction in a large market shows commercial potential. 'Raw R&D' without commercial potential is definitely the domain of universities, not VCs.