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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. ⓘ Dogs don't have thumbs‏ @MorlockP 3 Apr 2019

      ⓘ Dogs don't have thumbs Retweeted

      yeah, venture capitalists are famous for never touching a project that requires up front costs but promises to create billions of dollars of value https://twitter.com/worrydream/status/1113516725641912323 …

      ⓘ Dogs don't have thumbs added,

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      2 replies 0 retweets 8 likes
    2. You can’t make this crap up!‏ @cantpretendtoo 3 Apr 2019
      Replying to @MorlockP

      VC’s almost always invest to accelerate wealth creation. Never seen one touch a concept except when the Entrepreneur has a proven track record and personal funds committed.

      1 reply 0 retweets 0 likes
    3. ⓘ Dogs don't have thumbs‏ @MorlockP 3 Apr 2019
      Replying to @cantpretendtoo

      in your model, every entrepreneur who gets VC investment has already succeeded once before? that's not how it works (and is logically impossible); I 've got multiple friends who got VC without having gotten VC before.

      1 reply 0 retweets 0 likes
    4. You can’t make this crap up!‏ @cantpretendtoo 3 Apr 2019
      Replying to @MorlockP

      No. That is not what I meant. VC’s invest in unproven ideas on paper only when the team has prior experience and a proven track record. Unproven ideas meaning the product does not currently exist and thus there is not a proven market.

      1 reply 0 retweets 1 like
    5. You can’t make this crap up!‏ @cantpretendtoo 3 Apr 2019
      Replying to @cantpretendtoo @MorlockP

      I have raised five rounds myself. They got easier and easier. And earlier in the product life cycle. Just saying that a unproven idea is hard to finance. Of course VC’s invest in startups without prior experience. But usually after some history with the product.

      1 reply 0 retweets 1 like
      ⓘ Dogs don't have thumbs‏ @MorlockP 3 Apr 2019
      Replying to @cantpretendtoo

      absolutely agreed that it's much harder without a success ; just arguing against the hardline version , which it sounds like you don't actually mean

      2:36 PM - 3 Apr 2019
      1 reply 0 retweets 0 likes
        1. You can’t make this crap up!‏ @cantpretendtoo 3 Apr 2019
          Replying to @MorlockP

          Definitely not. I had a first round. But after 4 years operating with triple-digit annual sales growth. If fact, had a top 50 Inc 500 before I had VC funding.

          0 replies 0 retweets 1 like
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