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cloudjacker
3502 days ago
Getting funded by VCs doesn't mean what you think it means. It isn't validation or lack thereof, it is perceived portfolio fit plain and simple.
1 comments
bosdev
3502 days ago
This is just not true. When a VC invests, they are betting this company will aggressively grow in value. All do some amount of due diligence. Clearly in some cases, not enough.
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cloudjacker
3502 days ago
You are basically implying that if someone does due diligence and decides not to invest, that the company is invalid.
Its okay, that is a common sentiment.
Incorrect though
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iaw
3502 days ago
You're 100% correct.
Source: VC friends and the VC's I've pitched.
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