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It's financial; it's not technical or personal. To the VC, the engineer and the ideas are commodities. I believe this is the key. I'm not sure what the alterna
by auctiontheory 13y ago
It's financial; it's not technical or personal. To the VC, the engineer and the ideas are commodities.
I believe this is the key. I'm not sure what the alternative might be. If engineers joined forces to raise a venture fund, I don't see why this fund would be any different. The engineer-managers would be subject to the same pressures that other VCs are - pretty soon they would operate just the same. (Why wouldn't they?)