The toxicity is systemic, goes beyond VC. Try to sell a 3m round to founders who hold a 15m term-sheet. http://tcrn.ch/2zSvtev
-
Correct me if I'm wrong, but just because you have $20 million in the bank, doesn't mean you have to spend it all on one idea...
Blaming a VC for a founder overcommitting capital to a single idea before proving its sustainability doesn't make sense to me.
-
-
The article describes accurately how 20m in the bank becomes a huge pressure for growth. VC and founder share the blame imho
-
Mehhh, mostly seems like bad founders to me. I'll let you know when I raise a billion USD though haha
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.