I'm reading about the funding environment in SF right now, which feels pretty frothy, but I imagine conversations about it between founders: SaaS company: "You can raise a seven figure seed round with code but no customers!?" Cryptocurrency: "$5M doesn't even buy you a deck."
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To be fair, if I were considering funding I would actually want smart money, even in an environment with so much dumb money on offer. There's a lot of shit I don't know that my investors could.
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This is different than saying I'd only consider A16z
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Saluti the unroll you asked for: https://threadreaderapp.com/thread/1039403477602983937.html … Share this if you think it's interesting.
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