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Ha ha ha... isn't this the guy that deleted his AngelList account? Maybe the reason he's getting swamped with pre-revenue startups is because he's locked himsel
by trevelyan 16y ago
Ha ha ha... isn't this the guy that deleted his AngelList account? Maybe the reason he's getting swamped with pre-revenue startups is because he's locked himself off from funding ones with actual revenues. You know... by people who think their high-growth businesses should be valued at more than 10x revenues.
What Bryce doesn't seem to understand is that viable businesses no longer need his money. He wants entrepreneurs to carry all the risk of getting profitable and THEN value their businesses cheaply while offering him over 100% return-on-investment per year. Uhh... no? And he should really quit blogging since there's probably no more surefire way to drive away good pitches than broadcast this sort of hostility to entrepreneurs.
- harryh 16y agoAs someone who has met and done business with Bryce...you couldn't be more wrong in your assessment.
- trevelyan 16y agoI'm not assessing anyone's character. Just observing a guy take repeated potshots at AngelList/entrepreneurs and wonder why he's getting pitched crap. The blog speaks for itself. If you're his friend maybe you should stage an intervention and take away his keyboard for a week.