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by homosaur 4867 days ago
While you made a lot of mistakes here, it's also pretty frustrating that there's a good deal of VCs who are basically only looking for the next Twitter. Why would anyone think viral growth would be realistic for this product? How does one acquire that much capital while knowing so little about business?
1 comments

A good deal? From what I've heard, every single VC in Silicon Valley shares this unhealthy obsession over "the next Twitter" (Just read pg's definition of "startup").

And as long as Twitter, Google and Facebook keep paying 8 figure (or 10 figure) sums to acquire "startups" without a business model, VCs don't need to know anything about real business.

Well, I was trying to be nice so the ones that read the forum can convince themselves they are in the good group.