3 ms·
> scary time in tech when end-users are literally seen as an unrealized capital asset That's my conclusion after trying to raise capital. VC and Angels seemed
by echopom 6y ago
> scary time in tech when end-users are literally seen as an unrealized capital asset
That's my conclusion after trying to raise capital.
VC and Angels seemed disconnected from the reality and behave as pure financial analyst.
No emotion or even interest on the idea just : "How much ARR ? Churn ?".
Was really shocked how people behaved , but it's better to have a cold shower now than in ten years i guess.
I feel like software industry is now tightly integrated with capital market , it's saddening to see that.
- WJW 6y agoVenture _capitalists_ and angel _investors_ are money focused? Who would've thought it. They want to buy a portion of your business because (they hope) it will make them richer, if they also think it's a good idea that is just a bonus.
- garmaine 6y agoWhen was that not the case?
- zie 6y agoJust before the year 2000 tech bubble popped? :P So 20-ish years ago.