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"but most of all because I don't want to." Like a boss. pg - I know you mentioned increading idea conflicts in the essay, but in your comment you touched on i
by nwenzel 13y ago
"but most of all because I don't want to."
Like a boss.
pg - I know you mentioned increading idea conflicts in the essay, but in your comment you touched on it again in a slightly different way. VCs can only invest in one of a given type of company. The increasing ease of starting a company should result in more startups in more obscure markets where previously would-be founders only saw employment and academia as their two paths. These new investable markets should present VCs with new and less saturated opportunities.
Are VCs and other investors going to be ready to jump into previously uninvestable markets? Feels like they weren't with hardware. Do you expect it to be different this time?
- pg 13y agoNew markets shouldn't be a problem for VCs. They're used to the idea of startups moving into markets that didn't have startups before. They have a bit of inertia, like anyone does, but on the whole they're probably more open to having their minds changed than most people, if only because any experienced VC has seen a bunch of apparently crazy ideas turn out to be good.