> It amazes me that VCs find this type of business interesting
There are a lot of companies out there that aren't run of the mill tech companies but are still able to massage their way into that category (another example is We Work). There is so much money chasing outsized returns that companies/founder with a good plan, strong team, large enough addressable market and the right network are close enough for many VCs.
Sorta. To my understanding WeWork has largely been funded by real estate groups looking for more return. I guess Soylent could find funding from CPG/consumer funds, but I'm amazed software VCs are interested.
There are a lot of companies out there that aren't run of the mill tech companies but are still able to massage their way into that category (another example is We Work). There is so much money chasing outsized returns that companies/founder with a good plan, strong team, large enough addressable market and the right network are close enough for many VCs.