Just a shot in the dark, but I think VC's probably see this as game changing tech if someone can pull it off. Something that would pay off big and that slot of risk must've been acceptable.
Also possibly to fill diversity requirements.
Also possibly to fill diversity requirements.
I'm sure it would be. But what I don't understand is why not hire someone who knows what they're doing to try to pull it off? Why hire an inexperienced person with almost no domain knowledge just because she happens to have a very basic idea sketched out.
Imagine a hypothetical scenario. I'm a VC and some kid with a degree in biology told me we should make phones that use ultra capacitors instead of batteries.
Me: "That sounds cool, but it's probably not going to work because ultra caps just don't have the energy density."
Kid: "Yeah but if you give me 25 million dollars I can hire a bunch of engineers and figure it out."
Me: "Why do I need you? You're idea isn't novel. You don't have any experience or training, and you probably can't even do it."
Kid: "But if I do, you'll make billions."
Me: "I can give the same money to anyone of thousands of people qualified to actually run an R&D project, and I'll have a much higher chance of success."