alt Hacker NewsI'm sure VCs give money to friends but I didn't know any investors when I raised millions. They invested money because they thought it was a good idea.
I'm sure VCs give money to friends but I didn't know any investors when I raised millions. They invested money because they thought it was a good idea.
More like an idea decently likely to be resold for more.
Good ideas are a decent subset, but you could also have a bit of "Greater Fool Theory" compliant ideas.