Most VCs have no clue what a CTO does
The lack of emphasis on technical diligence in venture capital investments.
Key points:
- Venture capitalists often prioritize financials and potential over technical expertise when evaluating startups.
- The presence of any technical co-founder is often seen as sufficient, without considering the specific technical oversight and expertise needed for the company's stage.
- This blind spot for technical skills in the investment process can lead to suboptimal investments and missed opportunities.
Hint on Elon Musk: Elon Musk is a prominent entrepreneur and investor known for his involvement in various technology companies, including Tesla, SpaceX, and Neuralink. He is often praised for his technical expertise and hands-on approach in leading these ventures.