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Jeff Feiwell  pfp
Jeff Feiwell
@hyper
There are so many great startups to start and products to build that are just not a good fit for venture For example, I love a shiny new object in dev tooling, pretty much every new database I think is cool. But these products and companies invariably raise too much money out of the gate, or on the wrong terms, and even from the wrong asset class A lot of the "zombie" companies, the ones in the graveyard, and the ones that "made it" with negative unit economics are ones that would be smash hits had they bootstrapped or taken less money A company with $50m in *slow and steady* revenue and $0 in venture is a monster. The same company with $100m raised risks becoming a zombie There are amazing businesses that lie between vc and lifestyle. They are small businesses disguised as venture because of some counterfeited variable like the product is software or the founder is young Some of these can start as consulting businesses, most need something other than venture capital — they need working capital
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alex
@alexgrover.eth
you know who to call if you have ideas 👀
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