A thing you’re going to start seeing more frequently: software companies entirely funded by software people, without needing to tap traditional large pools of money (VC funds backed by pensions/universities/family offices) basically ever.
(My definition of "software people" here is not the one that I typically use; it means either a) could program professionally or b) has had an operating role at a software company. Most VCs are not software people, and their LPs are certainly not.)
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Ah, you just mean people who control the $ could be operators at software company. My impression is that these days it’s as common to be a former operator (esp. founder) as an ex-banker / pure finance background. But many operators can’t code
Thanks. Twitter will use this to make your timeline better. UndoUndo
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