Looking for startups that combine WikiLeaks & YouPorn -or- moot gets a VC wallet(techcrunch.com)

12 pointsby mootvor 16 Jahren2 comments

Looking for startups that combine WikiLeaks & YouPorn -or- moot gets a VC wallet

http://techcrunch.com/2010/12/08/moot-lerer-ventures/

2 comments

DevX101vor 16 Jahren

You say "I think I’d be drawn to a founder whose story somewhat parallels my own—working on cool stuff from a young age and more motivated by an interest in solving hard problems than the prospect of striking it rich"

What do your VC partners have to say about this? As far as I know financial returns are top priority for VC funds. There are a lot of cool hard projects that have limited financial return.

mootvor 16 Jahren

I don't think the exit should be anybody's primary motivation for building a company, and think most [good] VCs would agree.

> There are a lot of cool hard projects that have limited financial return.

You're right though -- it's a balancing act.