Because the whole point of the startup economy is not "find profitable companies" but "find unicorn companies that will pay back 1000 times what you invested". With this goal in mind, you can afford to lose your investment on 999 shit companies and find 1 successful startup and still break even.
Hence, you're looking for quantity over quality. Ideally, you'd have both, but the talent pool is only so deep.
Hence, you're looking for quantity over quality. Ideally, you'd have both, but the talent pool is only so deep.