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Do venture capitalists usually back companies with part time founder/CEOs?

No. But they will certainly back ones that have built multiple 100B companies.

AI is not rocket science. It's child's play compared to space tech.

But we did fly rockets before reaching AI.

ML < Rocket Science < AGI

There is that, yes.

It's not unheard of. Sequoia funded a company where the CEO split his time between his crypto exchange and a hedge fund.