Sometimes when I see these investments I wonder if there's just a different opinion about what a lot of money is. To me, $3 million dollars is a lot of money and I'd have trouble spending it. But maybe to a VC, that's barely anything and an investment of $41M to people they've worked with before, trust, and who have a pretty good prototype/story is perfectly reasonable. That's why I haven't paid much attention to the griping other than to see the headlines.
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Sometimes when I see these investments I wonder if there's just a different opinion about what a lot of money is. To me, $3 million dollars is a lot of money and I'd have trouble spending it. But maybe to a VC, that's barely anything and an investment of $41M to people they've worked with before, trust, and who have a pretty good prototype/story is perfectly reasonable. That's why I haven't paid much attention to the griping other than to see the headlines.