you are correct about this, but I think what you frame as a negative is really a positive. I think the VC model is one of the only examples funding I've seen wh

you are correct about this, but I think what you frame as a negative is really a positive. I think the VC model is one of the only examples funding I've seen where really innovative, experimental and risky projects can even get a tiny bit of traction (the other example is a government grant). I think the public is most likely risk adverse, and will be burnt with 100 startups promising the moon and failing.