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Hey TJ. It's easy to feel that way coming from a deeply technical background, but trust me, money isn't "thrown" anywhere. It's a high-risk high-reward game whe
by keithwhor 10y ago
Hey TJ. It's easy to feel that way coming from a deeply technical background, but trust me, money isn't "thrown" anywhere. It's a high-risk high-reward game where one company (esp. at seed stage) will end up returning the majority of your fund, and every company has to potentially be that company, so outlandish buzzwords that might be the next big thing more often draw capital. Investors are people, paid to move money, with targets to hit and limited partners to provide returns for.
In the same way you or I wouldn't accept a PR that doesn't align with the larger vision of a framework or library we've written, VCs don't want to fund a company if the leaders of the company aren't empathetic with the VCs goals. It's about aligning interests. The goal is really to align technology and people - create something technically amazing, with huge potential, and align yourself and your vision with those who have the capital to fund you.
You don't have to do the dance if you don't want to, but I'd be hesitant to be overly dismissive of it.