Things like this make me think just because I’m not willing to lie and sell the hype that the true sentiment here is “you’re not venture fundable”
Bootstrap life it is.
Things like this make me think just because I’m not willing to lie and sell the hype that the true sentiment here is “you’re not venture fundable”
Bootstrap life it is.
If anyone wants a wake up call of what normal investors (not VC) value typical companies at, watch the UK series Dragons Den, where they offer people 50,000 pounds for 33% of the company, and suchlike.
It’s hard trying to bootstrap but it’s depressing trying to run a venture business knowing how much you give up and how it actually reduces your chances of success. Someone recently referred to their past success as a lightening strike, it’s the perfect wording to me. It happens, it’s real, but you shouldn’t expect it too many times in your life.
In fact, notice the words of the VC: "I'm not sure..."
Also, lying is bad.