Re:Why I don’t usually meet startups in person (2019)
by ShrCul on Saturday June 06, 2020 @06:40AM
(#23438211)
But if their product is mediocre then it doesn't matter how many investors they pull in. In the long term, would they actually make a significant amount of money when customers aren't that attracted or satisfied?
Aren't VCs also investing in companies that they are betting can raise more money down the road? If you invest in someone who persuades you at a "gut" level, you're taking into account that they will also persuade others at a gut level.