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We've bucked this trend at auxon.io, and for the large part it has been stalwartly supported by our investors. Quality pre-seed and seed stage investors seem to
by im_down_w_otp 4y ago
We've bucked this trend at auxon.io, and for the large part it has been stalwartly supported by our investors. Quality pre-seed and seed stage investors seem to have a different mantra than is being expressed here. Though I've certainly encountered investors who typify the criticism here. However, what I heard a lot of from our investors is something more akin to, "The biggest killer of startups is premature scale."
Somewhat amusingly now that the capital environment has shifted dramatically, we have investors coming around who used to give us side-eye for being discerning and fastidious (and also our investing resources early to acquire government & adjacent customers), but now they treat us like secret geniuses or something. Because we have a reasonably stable baseline to build from. We're aligned with key markets that continue to spend money even during down markets and recessions. Not to mention we're also not in crisis having to massively disrupt progress and morale by laying off a bunch of people (in fact we're hiring, though still judiciously of course), which is HUGE since team and execution is everything.