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Right on. I tried to understand startups and funding for the longest time and in my head there was always this creeping intuition that it was all just bullshit
by bpatrianakos 14y ago
Right on. I tried to understand startups and funding for the longest time and in my head there was always this creeping intuition that it was all just bullshit and way simpler than people made it seem. Don't get me wrong, I know there are legit startups out there but they are the true minority. These days everyone whos heard the word "startup" seems to "have" one and that's just ridiculous.
I don't think I'm too far off the mark in saying a lot of this is just a big circle jerk. Money is just changing hands between VCs, they get paid no matter what, and the founders get to work harder than any person should just for the ego boost that comes with calling yourself a startup founder even when you walk away with nothing.