TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Do Seattle VCs Suck?

18 pointsby tylerhwillisalmost 16 years ago

2 comments

jasonlbaptistealmost 16 years ago
Stop your whining about VCs. Choose wisely and understand the rules of engagement. You lose freedoms, but gain capital in exchange. Many of the companies we love today wouldn't have happened without them. Yes there are asshole ones, but that comes with any profession.<p>If you whine about being rejected by VCs, odds are you bought into the " OMFG I NEED TO RAISE CAPITAL LIKE THE COOL TWITTER DIGG KIDS", when in actual reality you don't. You most likely need to finish getting your prototype ready and have some trial customers. Also keep in mind, few markets and ideas are "big enough" or even warrant VC funding.
评论 #744473 未加载
评论 #744404 未加载
评论 #744445 未加载
rokhayakebealmost 16 years ago
In general tech entrepreneurs feel as if raising venture capital will validate their idea, which is true up to a certain level.<p>The ultimate way to prove your idea is good, is to get traction. The ultimate way to prove it is sustainable is to become ramen profitable and the best way to prove it needs VC money is to show that your current staff just cannot handle the amount of customers that keep coming day in/day out.