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moomoo11yesterday at 6:48 PM1 replyview on HN

most VCs aren’t founders and those who are ex-founders usually made pretty terrible companies. very few exceptions. actually i can think of only one.

but once you have some money (like >5m which is achievable), you can throw it around a bit and you just need a handful of success stories built by someone actually talented.

then you take credit for it and craft a narrative instead, which is easier just like collecting management fees instead of building something yourself.


Replies

prerokyesterday at 7:13 PM

How is 5m easy to achieve? Asking for a friend.

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