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" In this case, he had a pretty compelling idea, had very little money, and didn't have the capacity himself to build it. Have a rough idea of what you are looking for in terms of talent. Ask around for ideas on where they hang out. Show you also want their input on the idea. Is this a Wordpress hack? Is it big data?
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My goal is to lay out a basic framework for anybody unsure whom to listen to as a way of helping you think about a way to orient your own views. Why would pouring hundreds of millions into even earlier stage startups with even less or no oversight be a good idea? Regulation will come. It needs to come fast.
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