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Sadly, this is the kind of stuff that people will talk about. But it's factually incorrect in many places. As for "VC's playing defense" and being afraid to ba
by rafaelc 13y ago
Sadly, this is the kind of stuff that people will talk about. But it's factually incorrect in many places.
As for "VC's playing defense" and being afraid to back consumer startups, that's a broad mischaracterization. George and I backed two Series A companies this month and we're looking for more - heck, our whole team has plenty of capital. For backing great companies, no great firms are sitting back - it's competitive in consumer and in enterprise. If anything, VC's are playing offense.
- bradhe 13y agoThis describes what I'm seeing as well. If you've got a good team with a good product and a good chance of becoming a business, it doesn't seem to be any more difficult than normal to find the appropriate level of financing.
- rafaelc 13y agoI'll write a post about this next week. Basically - we dream with founders. From our perspective, there are always 30 reasons to say no. But if there is a truly compelling reason to say yes, on a path to a large company, we're in.
- snaky 13y agoMaybe that's too broad, but doesn't the trend exist? Why did it happen?