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VC talk can be overbearing at times but I haven't seen anyone harping on how raising money is superior to bootstrapping. DHH, on the other hand, keeps on lamba
by shubhamjain 9y ago
VC talk can be overbearing at times but I haven't seen anyone harping on how raising money is superior to bootstrapping. DHH, on the other hand, keeps on lambasting the VC industry without much helpful advice. It's not the contrarian view that is exasperating, it's his parochial attitude that venture capital hasn't done any good. He strikes as a person who would use Uber everyday without acknowledging that without VC capital the company couldn't have existed.
- makmanalp 9y ago> I haven't seen anyone harping on how raising money is superior to bootstrapping No, that's not necessary, because it's already accepted conventional wisdom. You're starting a company? How's your seed round going? Which incubator are you applying to? I know an investor friend who works for <xyz>, want an intro?
- coldtea 9y ago>VC talk can be overbearing at times but I haven't seen anyone harping on how raising money is superior to bootstrapping. I've seen that + sneer at "lifestyle businesses" (aka normal businesses that don't aspire to be "unicorns" or lose on every sale but make it up in volume) countless times. >DHH, on the other hand, keeps on lambasting the VC industry without much helpful advice. Haven't he and/or Fried written like 2 books with business advice?