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I feel this is problem systemic to any company funded by a seed incubator. Solving really hard problems or developing truly breakthrough technology typically r
by jdrock 17y ago
I feel this is problem systemic to any company funded by a seed incubator. Solving really hard problems or developing truly breakthrough technology typically requires significant funding, which seed incubators don't have. Companies solving these problems are better served by going to traditional VCs - not only for money, but also for more direct expertise.
Edit: Not that seed incubators are a bad thing.. they just serve a funding need for a different type of company. It's no surprise that most seed incubated companies are web companies.
- arohner 17y agoSome of the other seed stage groups, esp YC, assume their program is just the first step on the way to more funding. Capital Factory doesn't seem to have this mindset, so they're aiming lower. I agree with the GP, I wasn't impressed by their choices either. (disclosure: they didn't pick me)