one thing I don’t love about the current state of VC is it doesn’t really promote good, or even great outcomes for founders, only excellent outstanding ones

if you can take $1million from someone and convert it to $5 in a few years that should be a great outcome but it doesn’t seem like anyone invests that way

I guess it is just the risk profile thing, only x% work so the ones that do need to be huge

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

But they would only buy a clearly profitable business, right? Not as much early funding on an idea that’s kind of working?

there are many private equity firms that are happy to buy these things.

Other side of the coin is many great businesses could stay at $5m/yr and be great outcome for a small team, but venture pressure leads to trying to force growth to the next scale and kills the company 

A 5m/yr business run with a couple of your close friends feels like the dream honestly, no need to hyperscale everything

Tyler Tringas Calm Capital tried this

I think Slow Ventures follows a similar model, but still hunting for outliers

I know you meant $5M but most startups are out here actually turning $1M into $5 😂