Jason Jacobs
Zynga, a global social-gaming company based in San Francisco and founded four years ago, has raised a great deal of capital yet the company’s founder and CEO, Mark Pincus, has yet to use most of it. He raised that money in order to bring in strong board members who could help him build his gaming empire. The capital those investors bring to the table is just insurance.
Reid Hoffman, from his ‘Five Lessons for Entrepreneurs’ article in today’s WSJ