This post seems to neatly encapsulate a lot of what I feel is wrong with the entire start-up / accelerator scene. I've always felt that capable people with a go

This post seems to neatly encapsulate a lot of what I feel is wrong with the entire start-up / accelerator scene. I've always felt that capable people with a good idea will succeed 99% of the time anyway - and if that team in particular doesn't succeed, then another group will, and hence no net loss to humanity of the 'idea'. OTOH, this kind of process seems to rescue half-baked ideas, or throw money at people that can perhaps program but can't actually run a business, or glorifies killing yourself working for hope of a huge payday. Perhaps I'm in the minority, and perhaps it's because I'm old (44) and 'get-off-my-lawny' ... but I am so not down with this kind of approach to making money.