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Geeze, I had a product with real users and a path to monetisation and I got ignored… is it because I was in Europe?
by CalRobert 1y ago
Geeze, I had a product with real users and a path to monetisation and I got ignored… is it because I was in Europe?
- JCM9 1y agoYes
- barbazoo 1y ago> and I got ignored Socializing our losses here, aren’t we? If it works out you did it, if it doesn’t, it’s the others that didn’t see the value :)
- CalRobert 1y agoHah, fair enough! Also you’re more likely to hear about startups that get funded vs not.
- PhantomHour 1y agoIn part it'll be Europe, though VC in the "throw money into a fire" style does/did exist. But VCs, especially in those days, bordered on antipathy for sensible business plans. They didn't want small businesses that would turn profitable quickly and grow sustainably. They wanted something with infinite growth ASAP that they could pump-and-dump on Big Tech or IPO suckers.