Unpopular opinion Most founders are awful at running companies But have enough money to mask it
-
Does venture money "make companies die", isn't that in the hands of the CEO? It can enable bad habits but that's not the fault of the cash - that's the fault of the person spending it VCs can give bad advice, even be a destructive force - something I've experienced first hand
venture dollars are just an accelerant, just like gasoline— good in same cases, but much like don’t want to pour it onto a fire to put it out. Bad advice needn’t be followed. I suspect much of the negative reaction to venture is folks not understanding what they’re getting into