4 ms·

Actually, I used to work for a VC firm (and I wrote the article), so trust me, I more than "vaguely understand" how companies get funding, and they're not throu

by ceonyc 18y ago

Actually, I used to work for a VC firm (and I wrote the article), so trust me, I more than "vaguely understand" how companies get funding, and they're not through these events. The companies that get funded would have gotten funding anyway and no one with a great product ever lacked for funding just because they couldn't get in front of a VC. We never went to these types of events looking for things to invest in. BTW... If your bottom line income (i.e. NY local taxes) is what you optimize for, you're probably not going to want to work for a startup anyway. Try a bank. I hear they have some nice cubes there.

KirinDave 18y ago
> Actually, I used to work for a VC firm (and I wrote the article), so trust me, I more than "vaguely understand" how companies get funding, and they're not through these events. The companies that get funded would have gotten funding anyway and no one with a great product ever lacked for funding just because they couldn't get in front of a VC. We never went to these types of events looking for things to invest in. I've worked at a company that secured funding because of connections made at one of these types of events. So yeah. I guess we're at an impasse, because your statement is exactly as unsupportable as mine. > BTW... If your bottom line income (i.e. NY local taxes) is what you optimize for, you're probably not going to want to work for a startup anyway. Try a bank. I hear they have some nice cubes there. I've made much more money in startups than I would have staying at a big company. And believe me, I know. I left a few people at Lockheed Martin (check out those 3% yearly raises!) and I've rejoined a few people who went to MS, and I've consistently been better paid, had at least equivalent benefits (better than LMCO, acceptably comparable to Microsoft) for a majority of the time. Good luck with your startup, dawg.

by ceonyc 18y ago

KirinDave 18y ago

> Actually, I used to work for a VC firm (and I wrote the article), so trust me, I more than "vaguely understand" how companies get funding, and they're not through these events. The companies that get funded would have gotten funding anyway and no one with a great product ever lacked for funding just because they couldn't get in front of a VC. We never went to these types of events looking for things to invest in. I've worked at a company that secured funding because of connections made at one of these types of events. So yeah. I guess we're at an impasse, because your statement is exactly as unsupportable as mine. > BTW... If your bottom line income (i.e. NY local taxes) is what you optimize for, you're probably not going to want to work for a startup anyway. Try a bank. I hear they have some nice cubes there. I've made much more money in startups than I would have staying at a big company. And believe me, I know. I left a few people at Lockheed Martin (check out those 3% yearly raises!) and I've rejoined a few people who went to MS, and I've consistently been better paid, had at least equivalent benefits (better than LMCO, acceptably comparable to Microsoft) for a majority of the time. Good luck with your startup, dawg.