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Had a VC send me this a while ago. My feedback: these guys are all finance, operations, and management. No actual builders. It would be great to outsource these
by jl2718 7y ago
Had a VC send me this a while ago. My feedback: these guys are all finance, operations, and management. No actual builders. It would be great to outsource these roles to keep control and save equity, but this seems like the opposite. It’s still a great deal for founders because of the connections that VC brings, but it’s likely a bad deal for the company, which is now run by people abstracted from the vision.
For more info, see: “conjoined triangles of success”.
- boxcardavin 7y agoMoreover, the kind of builders you want as an early stage startup are almost certainly not the type who would be hired guns for this kind of VC.
- deleted 7y ago[deleted]
- varjag 7y agoHistorically, there never was a shortage of people willing to tell other people what to do.
- bjornsing 7y agoI can’t upvote this enough. I’m putting it on a teeshirt. :)