3 ms·

Really quite infuriating as a founder hearing stories of nonsense projects getting handsomely funded while meeting with time-wasting VCs that insist on taking l

• WJW 5y ago
  Just the sheer amount of big competitors to Fast should show you that it is not a nonsense project. Being a big player in a crucial part of ecommerce is valuable and many companies are trying to have a go at it. BTW, going for "VCs aren't falling over themselves to fund my FOSS funding startup, therefore there is a sinister conspiracy because there is no possibility whatsoever that the idea itself is not very profitable" is itself somewhat of a red flag for investors. Few people want to invest in a founder who is convinced the entire world is conspiring against them.
  • smashah 5y ago
    I've never pitched any of my OSS projects to VCs. Hope I didn't touch a nerve. Prevalence of MLMs doesn't make any of them any less impractical. Are you doubting that VCs can be victims of their own in-group biases?
    • WJW 5y ago
      Not at all, VCs are just normal humans after all. Someone have a bias is not what I would call "sinister" though. That word implies shadowy conspiracies to me, not some human beings being imperfect. I'm not a native English speaker though, so perhaps I add a connotation that is not intended to be there.
      • smashah 5y ago
        I was alluding to casual racism, not a shadowy conspiracy.