1. You don't feel like offensive hacker while running legitimate business.
2. Legitimate business requires more than just talent! If you don't know people in power, don't have the required connections, good luck getting necessary permits etc..
3. Starting capital due to compliance requirements is much higher! It pretty much excludes everyone who isn't coming from an Ivy league.
4. There is a very high probability that even if you've all the resources you might fail.
5. Government officials might as well take over your company anytime. (In former Soviet countries and corrupt third world countries, government officals do takeovers your business)
Simply money, isn't enough in itself. VCs also bring top level connections, including people who will serve as executives in future with intimate connection to Goverment.
These guys don't have anything else other than cheap labor (which will do anything provided it doesn't have to do with messing with the authorities of the countries they are living in) and their own skill.
2. Legitimate business requires more than just talent! If you don't know people in power, don't have the required connections, good luck getting necessary permits etc..
3. Starting capital due to compliance requirements is much higher! It pretty much excludes everyone who isn't coming from an Ivy league.
4. There is a very high probability that even if you've all the resources you might fail.
5. Government officials might as well take over your company anytime. (In former Soviet countries and corrupt third world countries, government officals do takeovers your business)
Simply money, isn't enough in itself. VCs also bring top level connections, including people who will serve as executives in future with intimate connection to Goverment.
These guys don't have anything else other than cheap labor (which will do anything provided it doesn't have to do with messing with the authorities of the countries they are living in) and their own skill.