As you may have realized, basic corporate finance is not that hard. It's totally doable for tech founders to learn by doing -- and savvy investors presumably give them sound advice and make sure they're on the right track. They'll also usually get somebody with business/finance experience to join if/once the product gains traction. The value founders provide is usually bearing the risk and effort in developing the "new product", while anyone with a MBA can deal with the business/finance side of things if needed, so the latter might be viewed more as a commodity.
But then, as we've seen in the FTX fiasco, some investors really just throw money around without any due diligence.
But then, as we've seen in the FTX fiasco, some investors really just throw money around without any due diligence.