Tech bubbles are bursting all over the place

Re:Tech bubbles are bursting all over the place by taway-yc-reject on Friday May 13, 2022 @01:00PM (#31370035)

Yes, exactly this. And since you aren't chummy with the VC, even if you had a business model, you would be rejected "because you don't have revenue" yet. Fuck that noise. The V in venture is supposed to mean you're supposed to take risks.

SV has lost its soul. A VC that respected tech nerds would see your technical idea, (maybe) discount the investment, and then get on the phone and help you find a business partner that will take you all the way (and give you first right of refusal on assholes).

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Re:Tech bubbles are bursting all over the place by vecter on Saturday May 14, 2022 @12:54AM (#31375196)

All of those things are your job as a founder. VCs don’t have enough time to help everyone who asks them for $100k, nor do they really have time to write $100k checks in general. They should be writing $2-50M checks and hoping for a 20-100x return on one or two companies per fund. That’s the nature of the game they play.

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