Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

What confuses me is if they like the idea but don't like the team. Why not buy the founders out right then and there and just put in there own people.


Because there is not nearly enough value there to make it worthwhile to "buy" something - you've probably heard again and again that the idea is relatively worthless, it is the execution that brings value.

VCs doing this could also get a bad rep - "Yeah, I pitched those guys - they offered me $50 if I'd give them the company and quit so their guys could run it" - not good for the deal flow the VCs need.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: