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

editor https://lowercase.cards/ prev: everyname (acq. Q4 '23)

That's why one of my first questions is always: “why is VC the optimal financial instrument for your business?”

Jason Fried has been writing about an alternative path via the 37 Signals blog for years: bootstrap and create a right-sized business where founders control outcomes.

I did the VC route for years (and learned a hell of a lot via rapid growth). 

But not all startups fit in the VC box.

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

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