Tech investing: it's all about the founder

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Tech investing: it's all about the founder

Posted by ptoone (#1) 292 days ago (http://www.zdnet.com)

A curious article in the Wall Street Journal this morning tries to make something out of nothing.

http://online.wsj.com/article/SB10001424052702303292204577519134168240996.html

Well, not nothing. But certainly not anything new.

The setting: Silicon Valley venture capitalists Andreessen Horowitz say they prefer startups where founders have controlling stakes, with the logic that a founder with more skin in the game will be more dedicated to developing a great product, instead of sitting back and letting the profits roll in on someone else's watch.

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