Why VCs don’t invest in early-stage consumer companies

Dupe of http://news.ycombinator.com/item?id=1000404

URLs didn't match because of Google Analytics tracking cruft. Curious to know how bad the dupe-URL problem is on HN.

Define "consumer internet startup". Is that any startup that isn't focused on B2B, or what? Isn't that most of them?

this is why Y combinator is important, and the offspring it has spawned in the last 3 years.