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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
by 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 agoStill 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 agoSee VMware during the dot-com bust.