Rather than invest in a productive, useful and frankly unprecedented product such as FaceCash, venture capital and angel investors have focused their time and billions of dollars of their money in companies and entrepreneurs that have, in serial fashion, deceived co-founders, deceived employees, and deceived customers.
Rather than hiring a brilliant, hard working, and frankly outstanding engineer such as myself, technology companies have focused their time and billions of dollars of their money on engineers that have demonstrated, in a consistent fashion, lack of talent, skills, and integrity.
That's very cute and all, but do you care to skim TechCrunch or something and say, with a straight face, that primarily worthwhile endeavors are getting funded?
I don't think that is very honest considering FaceCash (not entirely sure) didn't beat Square to market, and I don't believe his idea was very "wild and unprecedented" as he claimed.
Yes, seemingly dumb start up ideas get funded, but at the same time a lot of dumb and smart ideas don't get any attention, and there are still a good number of smart ideas that do get funded.
If he couldn't get anyone to back his mobile payments idea, I think it says more about him and his character more than his idea. It's my belief that the reason someone funds/works for you can be attributed to less than half to how good your idea was, especially something that is really early stage.
Rather than hiring a brilliant, hard working, and frankly outstanding engineer such as myself, technology companies have focused their time and billions of dollars of their money on engineers that have demonstrated, in a consistent fashion, lack of talent, skills, and integrity.