Ashton Kutcher was a biochemical engineering major in college, and has actually gotten fairly heavily into investing. If nothing else, he'd have far more insight into press than most angel investors would.
Yeah, I probably shouldn't have mentioned Ashton Kutcher by name. I merely meant to illustrate a type of person. That is, once a thing becomes public, well-known, trendy, etc that the game is up in terms of mining value from an under valued asset.
Yeah, I figured that's what you were saying. I think it's probably not the case, since that depends heavily on deal terms, and even the most entrepreneur-friendly terms currently (such as those of Yuri Milner's Start Fund) seem like they'll be strongly net positive in outcome. YC is taking the cream of the crop, and it's probably not a bad bet to bet on the cream, even if it seems relatively expensive, because startup outcomes are extremely unevenly distributed.
