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Emily Chang is trying so hard to make this about the male dominated VCs for the founder's short comings instead of the apt criticism of the team and execution.
by ringaroundthetx 9y ago
Emily Chang is trying so hard to make this about the male dominated VCs for the founder's short comings instead of the apt criticism of the team and execution. Really, Emily Chang of Bloomberg West/Technology? She could have at least offered another perspective to the article, while still being able to connect the dots about the scrutiny that Silicon Valley faces.
A husband and wife co-founder duo, a literal mom and pop with 3 children, trying to scale up their hardware production business which hasn't proven itself after 6.5m in capital. Yeah there are a lot of valid criticisms that would be made to any team, and a couple unique to that team.
Making it just about the mom's experience with "male dominated VCs" is disingenuous. I'm not going to be an apologist for off-comments made by VCs, I do know that you can make a conclusion on business plans in like 30 seconds to 5 minutes, and then you have to spend the rest of the hour in small talk.
There is also the recurring trope of being included in a VCs portfolio becoming validation. If you are able to self fund an idea, you can make more money than you would with the VCs, in many scenarios. Yes everyone wants the publicity, but VC business models simply don't work with MOST business models. That has nothing to do with the efficacy of your business.
So maybe, good luck with the kickstarter.