Re:VCs Promised to Help Black Founders – My Experience Shows...
by PascLeRasc on Wednesday July 08, 2020 @08:10PM
(#23775681)
That’s something a VC could say instead of silence. Helping someone build their business would be incredibly supportive. However it seems that no VCs were interested in doing that.
[ Parent
| on HN ]
Re:VCs Promised to Help Black Founders – My Experience Shows...
by katzgrau on Wednesday July 08, 2020 @11:10PM
(#23776587)
Having been a VC-backed wannabe for a period of time (and pitched some well known investors), I learned that most investors would rather not offer that kind of feedback because it inevitably raises counterpoints which extends the conversation they didn't want to have in the first place. A simple "no, thank you" let's them get on with their day.
It sucks for the founders but that's really just the nature of being a "salesperson" in any field - constant rejection and little insight.