"Parker was able to raise money around it mainly because of who he is, not because of what he was building."
VC's invest in people, not ideas, especially when the founder has a track record. You could be a no-name (first timer) executing on a great idea, but the founder with a track record and bad idea will be able to raise funding a lot quicker than the no-name founder.
I wonder how often founders hit it out of the park twice... anyone?
VC's invest in people, not ideas, especially when the founder has a track record. You could be a no-name (first timer) executing on a great idea, but the founder with a track record and bad idea will be able to raise funding a lot quicker than the no-name founder.
I wonder how often founders hit it out of the park twice... anyone?