hey all- thanks for taking an interest in the post, I've really enjoyed reading your feedback. the impetus for this one was a series of conversations with entr

hey all- thanks for taking an interest in the post, I've really enjoyed reading your feedback. the impetus for this one was a series of conversations with entrepreneurs who said they were glad we hadn't funded them when they initially approached us. In retrospect, they felt that funding the wrong direction for them would have validated their bad idea and reenforced their belief that it was worth pursing. The push back ended up forcing them to really think about where to spend their time and limited resources. The other conversations have been with entrepreneurs and founders expressing concern that its too easy to raise seed funding right now. That there's a growing sense of entitlement and arrogance particularly in the bay area. That half baked ideas aren't getting push back; rather, they're getting validated and compounding the entitlement problem. No one knows how all of this is going to play out over the long aul. Just trying to lend a little perspective to those going through their own fundraising process.