Great Entrepreneurs. Vision, Passion etc. etc. But either they did not go to Ivy League, or if they did, they networked with the wrong people. No funding. VC model forces big cheques and discourages risk taking (yes, we have been there). Supply Demand gap. Good opportunity. We are in Business!
We know a bit about VC funds - raised money, managed and even invested in them. It's tough work and it's very competitive. Try investing in a company like RedBus today and you will know what we mean. The easy thing is to invest early on. That's what we do.