Re:Understand seed round dynamics in Silicon Valley
by starfallg on Thursday July 23, 2020 @04:51AM
(#23925455)
>In my personal experience, building a strong company most often trumps a founder's ability to play smoke and mirrors in front of an investor.
Building a strong company also requires a different set of skills and much more work. Not everybody has those skills, or would want to develop them if their goals can be achieved by hacking the system.
Looking at cases like Theranos and WeWork, there's definitely something wrong with the game itself. The fake it-till-you-make-it culture is a little too prevalent to dismiss.
Building a strong company also requires a different set of skills and much more work. Not everybody has those skills, or would want to develop them if their goals can be achieved by hacking the system.
Looking at cases like Theranos and WeWork, there's definitely something wrong with the game itself. The fake it-till-you-make-it culture is a little too prevalent to dismiss.