There’s a familiar line of thinking among the technorati: Good ideas are important, but venture capital is all about making the right bet on the right person at the right time. When sizing up a founder, a venture capitalist asks: Will this guy—and in the sexist tech industry, it was almost always a guy—be the one to take a startup from a handful of hard-working kids to a Fortune 500 company someday? Will this guy stick around when the shit hits the fan? Is this a guy I’m willing to bet millions of dollars on? People liked Graves. But for most of the VCs who met him, the answer to those
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