one thing I don’t love about the current state of VC is it doesn’t really promote good, or even great outcomes for founders, only excellent outstanding ones

if you can take $1million from someone and convert it to $5 in a few years that should be a great outcome but it doesn’t seem like anyone invests that way

I guess it is just the risk profile thing, only x% work so the ones that do need to be huge

there are many private equity firms that are happy to buy these things.

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

there is a pool of funding for businesses that are a) straightforward and b) very early.  but its typically hyper local and industry specific

But they would only buy a clearly profitable business, right? Not as much early funding on an idea that’s kind of working?