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These sorts of people have every incentive to target those more likely to be willing to serve as grist for their mill; young, idealistic, inexperienced individu
by pifflesnort 14y ago
These sorts of people have every incentive to target those more likely to be willing to serve as grist for their mill; young, idealistic, inexperienced individuals that will take the bait.
Never mind that most of them will fail, or that they're really not remotely qualified or experienced enough to produce good work in their field of interest. The amount invested is effectively pocket change, so much so that it doesn't matter if you have a 100 failures for every Dropbox.
It's a fools game to see the VC market as anything other than just another business industry, with different set or empty credentials. They use those credentials to convince 'entrepreneurs' to make themselves into a product to be sold, for pennies on the dollar.