5 ms·
I once had a VC tell me they would never fund travel startups, because the only good founder of a travel company is someone who travels regularly, and that woul
by arjvik 2y ago
I once had a VC tell me they would never fund travel startups, because the only good founder of a travel company is someone who travels regularly, and that would imply they are too distracted to be working on their own company.
Hope this doesn't match what you've experienced?
- fakedang 2y agoI once saw a YC video stating that they hate discovery type startups, calling them tarpit ideas. Yet here we are... VCs are shiftier turncoats than Benedict Arnold and Judas.
- timqin 2y agohaha, sounds like the chicken and egg dilemma!
- borski 2y agoVCs will say a lot of things when they are not investing. 99% of what they say is nonsense when not investing, because the real factor is “will it make lots of money?” and/or “can it scale to hundreds of millions of people?” Almost anything else doesn’t matter. Travel a lot? I guarantee you that if your company is running well and printing cash, VCs will not give a second thought to how much you travel. But if you’re not making money or sales… that’s a different story.