I invest it tech because I understand it, worked at Optus for 7 years, now work for an American company here in Aus. But I also have an MBA and know the business model still needs to be viable. Doesn't matter if you have the smartest techs alive, if you can't make money the party's over.
Classic quote from a founder doomed to fail: "Why should I hire salespeople at $200k each when by devs are on 120?!?!? They haven't built anything! They just go to lunch and take orders!"
Then they act like this guy when they talk to customers:
Looks worth a bet, page-6
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