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If I've built a company with an implied valuation of 200 million, why can't I bank a couple of million for a rainy day?
I've heard VC's state with a straight face that this is a misalignment of incentives.. apparently if the founder is financially comfortable they aren't "hungry".. this from a venture capitalist who is guaranteed a juicy carry whatever happens to their fund I find this insulting.
I wish I had both CS/SE experience and Medical experience so that I could understand what keeps this field in the 1970s. I have suspicions.
You'd think I'd do something medical - I've been in the field 10 years, I should have been able to find a problem IT can address?
To be honest the thought of doing a health IT startup just fills me with dread.