Founders

Something I don't think many founders fully internalize…

You’re de facto competing with other startups in your investors’ portfolio for their time/attention and future capital.

A “bad VC” to you can be an “excellent VC” to a founder friend, and you can both be right.

Healthcare investor by day, web3/AI tinkerer by night. 🟪 Host: /venturecapital /theitinerant

Ideal state: fund resources/time/energy are unlimited. 

Reality: investors have to make difficult resource allocation decisions just like founders do.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Tbf, I’m not familiar with any cases of undue pressure being applied. 

Its also exceedingly rare that one startup vendor relationship could materially influence the financial health of another.

They're just too small.

on the other hand, you're also de facto being shepherded into cross-selling to each other to inflate the portcos, and shepherded away from accepting non-portco vendors.

People only fit with the people they fit with.  It seems like interacting with VCs is a special kind of psychological skill that makes human nature to at much more interesting