4 ms·
This is why there's a dearth of reasonable funding these days. VCs, the bad ones (which most of them are), are flock-driven creatures. Nobody wants to step ou
by seiji 11y ago
This is why there's a dearth of reasonable funding these days. VCs, the bad ones (which most of them are), are flock-driven creatures. Nobody wants to step out of line, and that's a problem when something new, novel, or actually different walks in your door. The flip side of FOMO is "if nobody else is doing X, I won't do X either."
Startups can get $100k in seed money by yelling on the street in soma.
Startups can get $100 million by tickling andreessen in the right spot and chanting forbidden words from the before time.
Nobody can seem to get $5 million to bridge the gap between living-in-coder-poverty and being able to hire a real team for more than two months.