VC should run more like R&D labs
VC companies putting money on specific companies when they preach that they’re investing in the founders/people is inefficient.
They should be putting all the people they’re investing in together and let them go work with each other and see what they come up with. Makes moving between "startups" much easier, increases collaboration and opportunities for problem solving.
Once they actually come up with something that "works", they can spin up a company to take care of the rest.