venturecapital

the older i get, the less the vc-funded startup path makes any sense

my guess is very few founders actually want to build a a BILLION dollar company, they just want to build a cool business and earn some status

For most businesses VC is net negative, but unfortunately the marketing is so good that reasonsble founders take on unreasonable expectations

One parallel is how the best and brightest of each recent generation has been lured into consulting, banking or product mgmt in tech

For most businesses VC is net negative, but unfortunately the marketing is so good that reasonsble founders take on unreasonable expectations

One parallel is how the best and brightest of each recent generation has been lured into consulting, banking or product mgmt in tech

https://warpcast.com/martin/0x7779624d

But every year of staying in crypto exponentially increases yours odds of becoming a VC

This makes it exponentially harder as a founder to sift through the nth VC 'associate' who wants to 'hop on a call'