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People are fascinated by it, but many people (even those seeking funding) don't really seem to have a solid understanding of what they are getting themselves in
by csa 9y ago
People are fascinated by it, but many people (even those seeking funding) don't really seem to have a solid understanding of what they are getting themselves into when they are seeking funding.
Specifically, I think that there are many people who make companies that are better off being bootstrapped, but they go the VC route because that's the sexy thing that gets reported on and talked about. They don't understand why they get no interest from good VCs when they have good product-market fit and are making money. It's usually a market that's too small or a trajectory that's too flat, but these ideas do not really resonate with most people who don't spend a lot of time around financial people/ideas.
Hearing VC explained in different ways and in different voices is a healthy thing. If anything, it will help people either correctly self-select out of the VC funding process or create a company that has the potential to work at VC scale.
I would spend more time writing about this topic using the questions and wording that you hear from people who are curious about the VC world but clearly don't know the answers. This will probably mean talking in a way that is more engineer/maker-oriented than financier-oriented.