3 ms·
willchang - thank you for your insightful comment. I believe you have captured my intent for writing this particular article which is that I am not trying to d
by dennykmiu 18y ago
willchang - thank you for your insightful comment. I believe you have captured my intent for writing this particular article which is that I am not trying to demonize VC's but only to explain that VC's are humans too (using your words) and they have needs and responsibilities, just like entrepreneurs. Unfortunately, for most entrepreneurs, we don't understand how VC's operate and as a result, we end up paying dearly for our mistakes when we project our own romantic desires onto the harsh reality.
Based on my past experience, my only correction to your analogy is that we (the entrepreneurs) are in fact the mistresses here, not the other way around. The relationship is asymmetrical and we are on the short end of the asymmetry (until we can generate net cash on our own).