Just Manic Enough: Seeking Perfect Entrepreneurs

**broyaz** · 09-22-2010 11:45 PM

http://www.nytimes.com/2010/09/19/bu...pagewanted=all

Awesome, awesome story to enjoy

**akula** · 09-23-2010 05:03 AM

yeah..it's true
i've met founders who are manic, sick but highly effective individuals
..i dunno if it's good to romanticize that kind of personality though..

the industry still mostly prefers perfectly rational entrepreneurs who start commercially sustainable ventures
the guys who want to build a loss making "game layer on top of the world" still only really succeed in California/NY...where there is a robust acquisitions market for tech IP...which is what this is all about. no cares about what scvngr is doing right now, but rather what the underlying technology is capable of doing in the future

at any rate, the standard advice for founders is to continue creating ventures which effectively solve specific, apparent, quantifiable human problems...rather than thinking up wacky entertainment websites which might or might not work out..or one which takes 3 years to launch.
...and in that regard, nothing's changed

**Parvaze** · 09-24-2010 06:28 PM

I agree 100%.

One of the companies I co founded (a medical software company called Kareo) received $5M in VC funding in 2005, the business model was validated over the past 5 years and last month the company attracted another $9.5M VC investment. The VC's would not have had any interest in the company unless they could see that this was a sustainable business with legs.

**generationy** · 09-25-2010 08:46 AM

WOW, terrific article! Loved reading it. I think the most important aspect of any fund raising conversation should be how much passion is their behind the idea. Is the entrepreneur willing to work hard and long hours to make it happen? such questions help VC/angel investors find people with drive and dedication since they are the most likely to give them the most returns. Good luck!

**akula** · 09-25-2010 09:01 AM

no not really...it's too risky betting on lone wolf founders
the standard practice is to bet on teams
a startup shouldn't depend on some one passion wunderkid for its success
the ideal scenario are functional teams like larry and sergey