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> I just don't recognise the business painted here to be "tech" VC Cash influences power dynamics between tech companies very very heavily. If you're not in SV
by dzink 9y ago
> I just don't recognise the business painted here to be "tech"
VC Cash influences power dynamics between tech companies very very heavily. If you're not in SV and chose to get funding elsewhere and are successful, safe bet that an SV competitor of yours will get better funding than you and eat up some of your potential market size. Each big firm will fund one top competitor in the space and let them duke it out, so how long will you last without their funding? Odds are high there are many companies with diverse founders and superior products who lost the battle to a competitor funded by one of these VCs. If top VC firms don't have strong female and diverse partners, they don't see the value in businesses that serve female and diverse markets as well.
- justforFranz 9y agoPardon my pedestrian take, but I think we're on similar pages. This is the weird, bizarro-world we inhabit because these "markets" are run by supply-side money flows. These companies don't have time to deal with the pesky issue of actual demand. Having more cash to burn is not a "sustainable competitive advantage", but we're probably long past that being meaningful to anyone.