To quote both Warren Buffet and Naval Ravikant (startupboy.com): *"It's the peop... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		benmathes on May 21, 2010 \| parent \| context \| favorite \| on: YC has just closed a new $8.25 million fund To quote both Warren Buffet and Naval Ravikant (startupboy.com): "It's the people, stupid". It could very well be worth it to invest 4x in a company started by proven startup veterans than to invest in some plucky college grads.

ecuzzillo on May 22, 2010 [–]

Proven startup veterans tend to be rich enough not to need seed funding.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact