Why Technology Alone Won’t Build Startups – It’s People Who Drive Innovation

The allure of new technologies like web3 and AI is strong. Founders often pitch these innovations as the magic elixir for success, promising a shortcut to market dominance. However, this view overlooks a crucial truth: technology alone won’t build startups. It’s people who drive innovation, transforming ideas into reality. 20 years in the VC industry has taught me that true leverage lies not in tech stacks or algorithms, but in human potential.