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I disagree with that analogy. A medal is, in and of itself, the award you are seeking to win. Yes, there may be an intermediary goal involved, swimming 200 mete

by dkrich 14y ago

I disagree with that analogy. A medal is, in and of itself, the award you are seeking to win. Yes, there may be an intermediary goal involved, swimming 200 meters faster than anybody else, or having an invention that is viewed as the most innovative in a field. But the medal represents your accomplishment. A funding round, as I understand it, is financing to enable a certain goal. I don't knock companies that seek funding, and I would congratulate any that received it IF that is something that they deemed necessary. I think this notion that it is an "achievement of sort" is the type of thinking that elicits these types of repetitive comments that remind people, an investment round is awarded to make possible a goal by increasing its access to resources.

mikeryan 14y ago
A medal is, in and of itself, the award you are seeking to win I think you're missing the distinction between the symbol and the act. A medal is not what you are seeking to win. Its a representation of what you have achieved (which seems to be pg's point). You can take away all of Michael Phelps medals and it won't in one way diminish the fact that 18 times he was the fastest guy in the pool at the Olympics.
- dkrich 14y ago
  And if I take away your 4 rounds of funding have I changed the viability of your product in the market place? Conversely if I fund you, does that in any way validate your product? Nope. Paying customers do that I'm afraid. To suggest that a round of funding is an achievement in and of itself is to put it in the same camp as winning a business plan competition. Sure it might show that One person likes your idea, but that's pretty much worthless compared to paying customers.
  - deleted 14y ago
    [deleted]
  - dkrich 14y ago
    Heh, you guys are hilarious. Bring up disagreements about the BS funding train in this echo-chamber and get downvoted to hell as if that makes the statements any less valid. Hahahahaha, downvote away.

by dkrich 14y ago

mikeryan 14y ago

A medal is, in and of itself, the award you are seeking to win I think you're missing the distinction between the symbol and the act. A medal is not what you are seeking to win. Its a representation of what you have achieved (which seems to be pg's point). You can take away all of Michael Phelps medals and it won't in one way diminish the fact that 18 times he was the fastest guy in the pool at the Olympics.

dkrich 14y ago
And if I take away your 4 rounds of funding have I changed the viability of your product in the market place? Conversely if I fund you, does that in any way validate your product? Nope. Paying customers do that I'm afraid. To suggest that a round of funding is an achievement in and of itself is to put it in the same camp as winning a business plan competition. Sure it might show that One person likes your idea, but that's pretty much worthless compared to paying customers.
- deleted 14y ago
  [deleted]
- dkrich 14y ago
  Heh, you guys are hilarious. Bring up disagreements about the BS funding train in this echo-chamber and get downvoted to hell as if that makes the statements any less valid. Hahahahaha, downvote away.