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If you're doing something genuinely innovative and disruptive, investor money is flowing and it's easier than any time in the last decade.

rchaud 4y ago
Investor capital flows towards whatever will generate a return fastest. Money is flowing into shitcoins daily, should I take that as a signal that that's where innovation is happening? No, because innovation and investor sentiment do not map 1:1.
boringg 4y ago
Completely disagree. It's like saying, if you are building the next google (early days) you can still easily get cash. Sure but not as much as say 6 months ago. It isn't easier than any time in the last decade - 6 months ago people didn't even do due diligence before the wrote massive checks. edited: for politeness as per comment.
- infamouscow 4y ago
  Maybe it's a signal-to-noise thing. Companies that have been growing sustainably and building innovative technology that reduces costs 10x (in a recession) get a lot of attention. Especially if they are turning a profit without any accounting tricks. Companies that were never going to be profitable are having problems raising money now and sounding the horns. There are a lot of those companies, especially on HN, but please don't categorically dismiss my experience as a fantasy.
  - boringg 4y ago
    Still doesn't resonate and unfortunately I will point that your experience does not represent the broader market. Just because you (assumptions made on your comment about personal experience) made a fast round doesn't mean that the market is easier or better for raising - it probably means you found product-fit/sold it better or some other kind of micro strategy benefit. My comment is and still stands: if you are making something truly amazing then you will almost always find investors (which isn't a good metric). If you were making something amazing 6 months ago you would have gotten more money on more favorable terms. This market isn't easier or friendly at all - investor appetites have changed.
  - ghaff 4y ago
    See VMware during the dot-com bust.
- hluska 4y ago
  There’s no need to be that aggressive.

rchaud 4y ago

Investor capital flows towards whatever will generate a return fastest. Money is flowing into shitcoins daily, should I take that as a signal that that's where innovation is happening? No, because innovation and investor sentiment do not map 1:1.

boringg 4y ago

Completely disagree. It's like saying, if you are building the next google (early days) you can still easily get cash. Sure but not as much as say 6 months ago. It isn't easier than any time in the last decade - 6 months ago people didn't even do due diligence before the wrote massive checks. edited: for politeness as per comment.

infamouscow 4y ago
Maybe it's a signal-to-noise thing. Companies that have been growing sustainably and building innovative technology that reduces costs 10x (in a recession) get a lot of attention. Especially if they are turning a profit without any accounting tricks. Companies that were never going to be profitable are having problems raising money now and sounding the horns. There are a lot of those companies, especially on HN, but please don't categorically dismiss my experience as a fantasy.
- boringg 4y ago
  Still doesn't resonate and unfortunately I will point that your experience does not represent the broader market. Just because you (assumptions made on your comment about personal experience) made a fast round doesn't mean that the market is easier or better for raising - it probably means you found product-fit/sold it better or some other kind of micro strategy benefit. My comment is and still stands: if you are making something truly amazing then you will almost always find investors (which isn't a good metric). If you were making something amazing 6 months ago you would have gotten more money on more favorable terms. This market isn't easier or friendly at all - investor appetites have changed.
- ghaff 4y ago
  See VMware during the dot-com bust.
hluska 4y ago
There’s no need to be that aggressive.