I don't understand why people constantly find contempt and condescension in things that are not good fits. I think emotionally non loaded interactions are poss

I don't understand why people constantly find contempt and condescension in things that are not good fits. I think emotionally non loaded interactions are possible here. VCs are in the business of risky business. Their objective is to fund businesses that will grow very large or collapse very fast and where there is lots of uncertainty as to which and where money increases the likelihood of the former outcome. That's the thing they do. The mechanism that they typically use is a note that converts to equity when a certain raise condition is met either by the private or public market. Someone who goes to them and offers equity in a profitable business that has no intention to attempt to rocketship or IPO is making a mistake. What exactly do you expect them to do here? Give you money in exchange for incredibly illiquid private stock that doesn't pay out? That sounds like a dumb deal. Only a moron would give you money on terms like that. But that doesn't mean you can't get money. Small business financing is available from banks and the government. And you can do the typical thing of starting successful businesses and selling them off and climbing the ladder. Every day small businesses are sold for values from $1k to tens of millions. They're not valued the same as venture-backed startups because they don't have the same cone of possibility as them. If you're going to a VC to fund a Ford dealership in Golden, CO you have to be an imbecile. Not because starting Ford dealerships is dumb, but because you're going to a basketball coach and asking him to teach you tennis. Entrepreneurial people are rare. So when you go to this coach, and he sees you're athletic, he's more likely to say "Why not basketball?" and give you a hundred reasons you should play basketball. That doesn't mean tennis is a dumb sport. Or even that you wouldn't have a better chance with tennis. It means you went to a basketball coach and he wants you to play basketball because your success is also his. For someone with this guy's reputation, he could easily run the business himself. And it's the same for geohot. He doesn't need venture funding to sell $1 million worth of AI at home devices. It's not contempt from the VC. He's found an athlete, and he knows how to coach basketball. So he wants the athlete to play basketball.