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by FanaHOVA
1634 days ago
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Sorry that your experience has been influenced by people that are obviously not good at their jobs (both on the founder and VC side). What you describe definitely happens, but is not what the best founders and VCs actually do. If you're raising money from a good fund today you're definitely not subject to "predatory contracts". People are raising a lot of capital for pretty low dilution, and there's plenty of secondaries availability. I also don't know what you mean by founders having a smaller network or less experience; if you really spend time with good founders you'll see that a lot of them 1) have expertise in their area of focus 2) are pretty well connected. I'm worried about too much of this narrative being repeated on here; just like with any other job, some people have only be exposed to bad managers / co-workers. That doesn't mean the whole industry is like that. |
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> I also don't know what you mean by founders having a smaller network or less experience
I'm insinuating that if founder demographics skew young they will have less experience and smaller social circles.