Even rich people here in SV often take investment for their new startups after the first. It's silly to go it alone, risk everything, and not recruit people with skin in the game. Even if he didn't need the money, it's worth it for the PR alone, which will benefit everyone into the game since it will take longer to die a lonely death.
>Even rich people here in SV often take investment for their new startups after the first.
Yes, in exchange for something. They don't ask for funding from people and offer them nothing in return, forcing them to take all the risk while he stands to make all the profit.
