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No, VCs are fallible and don't always recognize opportunity. They may not trust that it can be delivered. They might be hedging their bets for whatever reason.
by heurist 10y ago
No, VCs are fallible and don't always recognize opportunity. They may not trust that it can be delivered. They might be hedging their bets for whatever reason. Having a good product is no guarantee of significant funding.
Most startups, even potential game-changers, only have a limited amount of cash on hand and need to make it stretch as far as possible. You're thinking about the unicorn case which is so rare as to be a joke.
- st3v3r 10y agoI also have a limited amount of cash, and thus I need to work where I can maximize my compensation.