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Hell, yes. Next question? (FWIW, I have started and been part of the founding team for several companies, both angel and VC-backed. VCs are not nearly as int
by dublin 5y ago
Hell, yes. Next question?
(FWIW, I have started and been part of the founding team for several companies, both angel and VC-backed. VCs are not nearly as interested in innovation or building a good company as they are in establishing control to set up a successful exit. That's not necessarily bad, it's just that they're more mercenary by nature.
Many more angels are willing to put up with early losses to develop the tech/company, then the VCs come in to fund growth and they get washed out after taking the lion's share of the risk. Sad, but true.)