(Well, they still might make some money off of them before they get caught out, but that sort of fraud, inadvertent as it might be, is not something you want to be associated with.)

The "technical employee" is a necessary (but not sufficient) part of their potential success, and getting the technology right is a lot harder than non-techies realize.

The biggest problem here, especially today, is that there are so many hungry people on the streets looking for work that your negotiating position isn't strong. On the other hand, if these non-techie founders truly are savvy they'll know there's not exactly a surplus of really good people to choose from....

My bottom line is that when non-technical founders devalue technical employees they also tend to devalue all the technical things that are needed to make the venture successful, and that that's a very bad environment in which to work.