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Who is the real entrepreneur? The investor who makes a decision to risk his capital to capture a market's demand, or the founder who asks for money but doesn't
by dreamdu5t 14y ago
Who is the real entrepreneur? The investor who makes a decision to risk his capital to capture a market's demand, or the founder who asks for money but doesn't make the decision? Ultimately it's the investor that evaluates and takes a risk on the model, not the founder.
I associate entrepreneurship with risking your own capital, and with risk in general. Investors seem far more entrepreneurial than founders when evaluated in that context. I think investors should be considered the real entrepreneurs - it's ultimately their decision.
Founders seem more like managers, not entrepreneurs. I'm talking about founders who don't risk their own capital and take investment, of course.
- heyadayo 14y agoI see, so you really think that the LPs are the true entrepreneurs -- Harvard, Stanford, various state pensions/treasury departments and the like -- the ones who invest money in VC funds. Risking your life, status, health, happiness, and wealth in order to realize a huge, positive change in the world -- that's what it's about in my book.
- deleted 14y ago[deleted]
- jpdoctor 14y ago> Ultimately it's the investor that evaluates and takes a risk on the model, not the founder. Apparently your time is worth zero. It turns out that there are other valuations for people's time.