http://venturebeat.disqus.com/News about Tech, Business and InnovationenTue, 18 Dec 2007 17:50:19 -0000http://venturebeat.com/2007/12/18/founders-fund-raises-new-fund-aims-for-more-vc-disruption/#comment-14681306<p>What is the best way to submit a Business Concept for consideration?</p>R CoboTue, 18 Dec 2007 17:50:19 -0000http://venturebeat.com/2007/12/18/founders-fund-raises-new-fund-aims-for-more-vc-disruption/#comment-14681305<p>Some people just don't realize the difference between being good or just being lucky. This fund will need a continual bubble to be successful.</p>BobTue, 18 Dec 2007 14:49:34 -0000http://venturebeat.com/2007/12/18/founders-fund-raises-new-fund-aims-for-more-vc-disruption/#comment-14681304<p>The idea that "Early Silicon Valley venture capitalists were entrepreneurs who made their money and wanted to invest in the next generation" is a fiction. The founders of many of the great early venture firms - IVP, TVI, Sutter Hill, Mayfield, Venrock, Greylock - were not entrepreneurs with experience starting tech companies. As for the idea that investment bankers are arrivistes in the world of venture capitalists, Arthur Rock was an investment banker.</p><p>Furthermore, there are many successful VCs today who were not entrepreneurs - Bob Kagle, Geoff Yang, Dave Marquardt, Steve Jurvetson, Brook Byers, Mike Moritz, etc... - while the list of good entrepreneurs who proved to be mediocre investors would probably be quite long.</p><p>There's no one formula for success.</p>ArgleBargleTue, 18 Dec 2007 09:02:42 -0000