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> that's not a VC-scale business It's depressing that "VC-scale" (i.e. convincing some rich dude he can flip his investment soon for a 1000% return, possibly b
by username223 12y ago
> that's not a VC-scale business
It's depressing that "VC-scale" (i.e. convincing some rich dude he can flip his investment soon for a 1000% return, possibly by unloading shares on unsuspecting rubes) is what matters. What ever happened to making something people want, then selling it at a profit?
- johnny99 12y agoNothing, but you get a bank loan for that, or bootstrap. VC money comes with strings, including the expectation of high growth. I agree very much with your sentiment, but I think the solution isn't changing VC, it's finding other kinds of capital.