Without thinking too hard, does your company fund people, products, or projects? Or some combination? Now on to the post… When investing in a startup, what do you look for? Typically it is 1) A skilled and motivated team and 2) a promising product or service. We expect the founding team to stick with it through thick and thin, including pivoting if things aren't working as expected. We invest our capital in the people and the product.
This is also a great and brief explanation as to why "Agile doesn't work" for most companies.