[itschekkers]

this is really just self-congratulation by them about how they have strong deal flow.

they also use this as a disingenuous/insincere way of rejecting founders (we don't want to invest, but you're probably one of the other unicorns we didn't invest in! check out out antiportfolio!)

[godzillabrennus]

Thanks for this. Just reminds me how much I hate the entire business model of venture capital circa 2020.

If you are a founder just remember that raising capital is a tool just like any other. Misuse of it can be disastrous for your business.

I’d encourage more entrepreneurs to build companies like Basecamp.

[sqs]

It is indeed difficult to communicate one’s own humility.