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I find it fascinating that certain circles (cultures?) consider it a failure if your tech company doesn’t get a round of funding from the most “prestigious” SC
by yuppiepuppie 3y ago
I find it fascinating that certain circles (cultures?) consider it a failure if your tech company doesn’t get a round of funding from the most “prestigious” SC VC firm.
Currently working in one of those tech companies right now, has made me appreciate my friend’s bootstrapped tech company, as it can evolve naturally with common sense decision making.
Edit: there was an article posted on HN two years ago or so about a SV tech founder coming to this exact realization after having laid off all his employees because he couldn’t get the next round of funding. I felt sorry for him and all others who were/will be in the position.
- fakedang 3y ago> Edit: there was an article posted on HN two years ago or so about a SV tech founder coming to this exact realization after having laid off all his employees because he couldn’t get the next round of funding. I felt sorry for him and all others who were/will be in the position. Gumroad. Also typo, unless you actually meant South Carolinian VCs.
- yuppiepuppie 3y agoThanks, yep that’s the one! As much as I love South Carolina, yes I meant Silicon Valley. :)
- brigadier132 3y agoThere are founders that think their goal is to get funding to hire people to build their product for them and measure their personal success by how much theyve raised