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We didn’t deserve more money when things weren’t working. It’s the investors who decide who deserves more money and if you are setup to need their money you be
by mwseibel 8y ago
We didn’t deserve more money when things weren’t working. It’s the investors who decide who deserves more money and if you are setup to need their money you better learn their rules and figure out how to convince them to give it to you.
- Alex3917 8y agoI realize that in practice you're very unlikely to get money without having traction. But if we're talking about which companies are deserving of money, if such a category exists, then surely the ones that go on to succeed must (in most cases) make the cut. Especially when they succeed despite having not gotten the money. I also get what you're saying though, in terms of the companies that deserve money are the ones that can convince investors that they deserve money.
- mijamo 8y agoI think here deserve is the wrong term, semantically speaking. Investors do not decide who "deserves" more money, they decide who GETS it. Deserving is more a moral term and makes things confusing: a company could deserve the money but not get it because they are not good enough at fundraising, or they need the money at a time when money is very hard to get etc. And many companies get money without deserving it because some investors are stupid, or because they are way too good at looking shiny.