3 ms·
The author makes some really good points. It is incredibly hard to meet a well-connected VC if you, yourself are not well-connected. It's the classic double bin
by softdev12 12y ago
The author makes some really good points. It is incredibly hard to meet a well-connected VC if you, yourself are not well-connected. It's the classic double bind.
However, the article seemed to imply that somehow the "goal" was raising money from a VC, instead of making a great product. There were tons of companies started before the VC industry even existed. Businesses can and should be self-sustaining - creating profit that can fund operations. Just because most tech companies nowadays are money losing for years, doesn't mean this has to be the case. And if the company is profitable, it can exist without a warm introduction.