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> They're basically there to give VCs a figure head they can point to and claim some new effort to financialize and monopolize another part of our economy is ba
by gniv 3y ago
> They're basically there to give VCs a figure head they can point to and claim some new effort to financialize and monopolize another part of our economy is backed by some brilliant ass hole they found somewhere who started this thing in their garage. There have of course been very intelligent and hard working founders, but imo whether your startup succeeds has much more to do with product market fit and timing than it does with the quality of the founder.
This reads funny to me since unwittingly you seem to agree to the Great Founder Theory. Product market fit is hard to come by but is relatively easy to recognize. This is the role of VCs. You try to argue that founders are interchangeable but I don’t see it. If anything, VCs are more interchangeable.