Tim Draper Tells Everyone To Get Back To Work
from the thanks-Tim dept
Venture Capitalist Tim Draper (who's been accused of never funding a really successful company) has a weird column over at News.com. It rambles a bit about how no one should have taken the day off on September 11 because that's what the terrorists would have wanted. He then goes into this whole thing talking about how a good venture capitalist invests on gut feeling instead of deep analytical reasoning. My favorite part, though, is when he explains that they invest in entrepreneurs who say that they're starting a company because they "have to" rather than just to make money. He says this as if it's some brilliant revelation. Basically, all he's saying is that they'd rather invest in someone who really believes in his or her idea, instead of just looking for the quick buck. I thought that was a pretty obvious criteria. Did it really take him that long to figure that out?
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