4 ms·

That is not a bad idea, I like it

• lifeisstillgood 5y ago
  It's been a pipe dream for a while. Software I view as a form of literacy and this I would see more as a "writers collective" than anything else. There is an inherent unfairness about a lot of the VC world (#) and while some of that is access to capital for me the big part is that each founder can only bet on one idea, but VCs bet on dozens (in in post YC world hundreds). A collective agreement between the founders evens that out. It is more likely workable as a partnership - a set of senior partners and junior partners. My bet on this however is that smart engineering will outweigh the pull of massive hiring. Any partnership cannot afford to dilute too much - and the (my) underlying principle is to avoid exploitation. So while it is possible to generate more code by hiring more coders, my experience is that there is always a tipping point after which that becomes a management problem and the cause is lost. So I am starting to ramble - there is a lot of this in my brain - but yeah please start up your own VC fund - but don't act like a VC and employer - Act like an engineer and a partner :-) # There is an argument that owners of capital do not want workers to achieve Financial Independence because then their leverage is gone. This is most red in tooth and claw in the negotiations between VCs and first time founders.