I think the idea that the great consumer product ideas don't need funding is really, really interesting. I've always had my problems with venture and ended up giving the entire round back before I spent a dime of it because I learned what venture was. The model is just very strange and doesn't really work for almost anything. And in his opinion, the fool at the venture backed table, great for venture capitalists, the fool for the most part at that venture backed table is the entrepreneur.

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