Everything about that just makes my skin crawl. Each of those contacts is programs not getting written, customers not getting talked to, A/B tests not getting run, etc etc. I accept that fundraising is necessary for a certain class of companies, but egads, any graph that looks like that needs radical corrective capitalism.
On the plus side, it looks like AngelList is helping out on that score. I rather expect that YC & etc have similar effects.
http://brendanbaker.co/anatomy.pdf
Everything about that just makes my skin crawl. Each of those contacts is programs not getting written, customers not getting talked to, A/B tests not getting run, etc etc. I accept that fundraising is necessary for a certain class of companies, but egads, any graph that looks like that needs radical corrective capitalism.
On the plus side, it looks like AngelList is helping out on that score. I rather expect that YC & etc have similar effects.