4 ms·
VC is a con-job for the most part anyway. They've convinced first-time entrepreneurs that raising money (and thereby giving away a portion of your ownership) i
by mi100hael 8y ago
VC is a con-job for the most part anyway. They've convinced first-time entrepreneurs that raising money (and thereby giving away a portion of your ownership) is a great signal that your business is a good idea. Naive founders dream of getting into YC or getting funded to prove to everyone that they're smart and talented.
In fact, making money is the only signal that matters. Try doing that instead.