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i'm getting tired of all these people that don't understand how the startup world works and feel like they need to write whinny blog posts about it.
by hnriot 13y ago
i'm getting tired of all these people that don't understand how the startup world works and feel like they need to write whinny blog posts about it.
- subimage 13y agoYeah, I don't understand it at all. I've only been involved with startups since 1999, and run one myself. I'm a huge fraud. You've exposed me!
- elwell 13y agoI don't know. In this case, I disagree. You seem to have a pretty good understanding of startups.
- the_cat_kittles 13y agoreal experience? cmon man, everyone knows real experience is bullshit
- eaurouge 13y agoI don't know what you do or don't understand, but your post isn't entirely accurate. VCs invest in early-stage companies with strong potential for high growth. That means companies like SnapChat, yes, as well as companies like Amaranth Medical [1]. Your post takes the example of two startups in the consumer photo industry and generalizes it to startups and VCs operating across an entire spectrum of industries. That alone suggests a limited understanding of VC funding. I won't suggest taking VC funding in all (or even most) cases. But it is the right thing to do when your company's interests are aligned with the VCs. [1] http://www.mddionline.com/article/bioresorbable-stent-startup-raises-20m-series-b-round http://www.mddionline.com/article/bioresorbable-stent-startu...