| ▲ | toxic 7 hours ago |
| Because if you get involved with most VCs, you will then have to watch your back until the end of time. None of those "worst experiences" seem all that unusual to me (though nobody will say #1 out loud anymore until after they've invested), and #3 is completely in character for Vinod. |
|
| ▲ | root-parent 6 hours ago | parent | next [-] |
| If one partner is the core of the company, and the others the VC thinks are useless ( I am not saying in this case they were...just that the VC might have that perception) what should the VC do? After all its just business decisions like Cloudflare recent layoffs no? https://blog.cloudflare.com/building-for-the-future/ |
| |
| ▲ | stackghost 5 hours ago | parent [-] | | If they truly are useless that's one thing, but the ability to "impress" some asshole in a 30 minute pitch has little to do with running a successful tech company. With what authority are VCs claiming to be capable of being an accurate judge of talent or character in less than an hour? Sounds like said VC in your example is doing insufficient due diligence and just investing based on vibes. | | |
| ▲ | root-parent 3 hours ago | parent | next [-] | | >> the ability to "impress" some asshole in a 30 minute pitch has little to do with running a successful tech company. Judging by the stories being shared here, that is all it takes to get funded... | |
| ▲ | recursive 3 hours ago | parent | prev | next [-] | | They have superior taste of course. | |
| ▲ | segmondy 5 hours ago | parent | prev [-] | | something pattern something matching something |
|
|
|
| ▲ | sunjieming 6 hours ago | parent | prev [-] |
| Yeah, this is par for the course with VC. You should never believe your VC (even post funding) is your friend. They can be a great business partner and resource but they're never your friend under that dynamic |
| |
| ▲ | htrp 5 hours ago | parent [-] | | there is a saying about mixing business with pleasure |
|