What do you call a startup that raises Series C, then immediately kills itself?

medium.com

4 points·ceobunny··7 comments

The article has a good point, but I was rather struck by the juxtaposition of these lines:

> My husband and I committed $1M of our own funds to ours.

> If I fail, I’ll never work in tech again and we’ll need to figure out how to feed our children.

> Nerissa Zhang is [...] and an owner of two private gyms in San Francisco.

The author is a millionaire who already owns multiple businesses (admittedly not the best business to be in during the current pandemic). Handwringing about how she's going to feed her children if her startup fails comes across as extraordinarily tone-deaf.

First, I'm not a millionaire. My husband committed our life savings to something we truly believe in. We knew we had to do it because I knew no one would fund a Black woman CEO, who didn't go to Ivy League, pre-product. You're the one that's tone deaf.

Let me know when you invest your own money into your own startup and then we can have a conversation. When you put your money

Fraudulent?

The fraud is you, white boy.

I believe this was written in reply to someone that agrees with your article's general premise.

Q: What do you call a startup that raises Series C, then immediately kills itself? A: Fraudulent?

Oh... my bad. Dealing with trolls a lot lately. Definitely a lot of frauds in silicon valley.

Racist comments like this have no place at HN. Do not do this.

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