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“Don't forget that if they really knew what to do to start a successful company they wouldn't be investors but founders” I can’t stand this philosophy, e.g. “t
by jnovek 5y ago
“Don't forget that if they really knew what to do to start a successful company they wouldn't be investors but founders”
I can’t stand this philosophy, e.g. “those who can’t do teach” kind of stuff.
Perhaps VCs prefer their job to being a founder?
Not everyone who is _capable_ of being a founder _wants to_ be a founder. It’s exhausting work that takes all of your time.
- jacobr1 5y agoAnd plenty of VCs are former founders.
- Rapzid 5y agoAnd they, of course, know it's a numbers game. Why suffer all the failure and risk never having another hit when you can let others do it for you?
- polote 5y agoMy point is that only a handful of people have been able to create several successful companies. Because we don't know how to create such company, so most advice in that case are wrong