Re:Ask HN: Should an entrepreneur build multiple startups si...
by bennyg on Thursday March 28, 2013 @02:55PM
(#5456912)
Why do you say this? I think too many people are focusing on the game the way VCs and SV play it.
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Re:Ask HN: Should an entrepreneur build multiple startups si...
by argonaut on Thursday March 28, 2013 @06:36PM
(#5458124)
Because here is what VCs do: they forward some money to you, they sign the investment agreement. Done. They don't need to do any more work except get progress updates from you (basically they read a single email) once every couple months. If they're on the board they'll meet with you for a few hours every month. That is not a lot of work per startup.
A founder needs to put in at least 8 hours a day for a single startup.