I heard from Reid Hoffman himself that he approached 99 VCs before he got funded. He had two meetings in one day. The first he was asked whether it’s B2B or B2

I heard from Reid Hoffman himself that he approached 99 VCs before he got funded. He had two meetings in one day. The first he was asked whether it’s B2B or B2C. He said B2C and was told they only fund B2B. Then next one he said B2B but they said they only fund B2C. Meanwhile, some startups are funded by VCs piling on, and then go bankrupt quickly.