Re:On Becoming a VP of Engineering
by lmeyerov on Friday July 14, 2023 @12:27PM
(#36726211)
Yep.
Numbers-wise, I'd think VC-funded startups merit the distinction. They're (a) relying on financiers to make their strategy work (b) there's significant positive & negative impacts of that decision vs everyone else (c) they're the minority.
Startups using non-VC revenue are the majority and also doing all sorts of great work in invention+innovation in tech, business model, doing with scalable ideas, etc. VC $ buys things like press relationships and "X raised Y" headlines, but thankfully the days of breathless capital raise news on tech crunch are much more zzz now.
Numbers-wise, I'd think VC-funded startups merit the distinction. They're (a) relying on financiers to make their strategy work (b) there's significant positive & negative impacts of that decision vs everyone else (c) they're the minority.
Startups using non-VC revenue are the majority and also doing all sorts of great work in invention+innovation in tech, business model, doing with scalable ideas, etc. VC $ buys things like press relationships and "X raised Y" headlines, but thankfully the days of breathless capital raise news on tech crunch are much more zzz now.