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A comment on Startups that were massively funded that died in 2017. Parent comment

Re:Startups that were massively funded that died in 2017 by majani on Monday July 10, 2017 @02:47AM (#14733871)
What if that African kid comes up with a "bullshit" idea that's profitable? e.g sports betting, USSD rebill, celebrity gossip etc, which are all billion dollar niches in Africa. Would you still fund him in that case?
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Re:Startups that were massively funded that died in 2017 by jksmith on Monday July 10, 2017 @09:08AM (#14735542)
Realistically, what investor would even notice him at this point? How's he going to get in the door to pitch his idea?

What we should try to do is invest in opportunities that get them to the point when they can take a stab at building a startup around whatever they come up with.

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