OT: Ignorance and Venture Money [5:31 pm]
Seriously, where do these guys find the suckers? I cannot believe that there’s that much dumb venture money out there, but that’s what I get for actually knowing something about this particular topic: Taking a Whack at Making a Car. Dave Cole sticks it to them, but the tagline of the article is everything noxious about these sorts of folks:
“We’re not two gearheads,” Mr. Levine said. “We’re not two mechanics in a garage with a dream. We’re two entrepreneurs who saw an opportunity and came up with a business model.”
Buzzword bingo, anyone?