Using Blogs To Dispense Venture Capital
prostoalex writes "The New York Times describes how Tim Draper, a founder of Draper Fisher Juvetson venture capital firm, is trying out a new approach to finding the next entrepreneurial superstars. In his Web log (which NYTimes mysteriously never links to, but it's on AlwaysOn-Network), Draper asks the readers to leave the comments with their billion-dollar ideas. The winners of this pitch were selected recently, and just reading the comments with innovative ideas is quite interesting."
You know what's even sadder? Imagine if it's some 48-year old man in his mother's basement... always promising to get a job, but spending his whole life drawing ascii pictures to post to Slashdot. Fat fuck.