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Rejection and lack of recognition, for any entrepreneur, likely hits as hard as failure: Death by a thousand paper-cuts, as it were. > ...where entrepreneurs c
by ignoramous 5y ago
Rejection and lack of recognition, for any entrepreneur, likely hits as hard as failure: Death by a thousand paper-cuts, as it were.
> ...where entrepreneurs can generally share the fruits and failure with other investors/backers.
In practice, this isn't true though, is it? Venture money brings with it an inordinate amount of pressure to execute. Some of the pressure might even be at odds with how an entrepreneur wishes to run their firm, and often they may be forced to make difficult decisions under duress.
And when that growth slows, Venture Capitalists are the first ones out the door and treat the company worse than dead-weight. An experience like that might be on-par with the grief any business owner experiences when the writing is on the wall.
Ref: The power law in Venture Capital https://archive.is/WK96N https://archive.is/WK96N