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by michaelochurch
4738 days ago
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All I can do is wish you good luck and say that I admire you for having the courage to try. These seem like empty words, so read some of my other posts to see that I really say what I mean (i.e. I'm very harsh with people I don't think much of, so when I'm nice, it means something). I'm sorry to hear that this is happening and I hope things turn out for the best. Where are you located? What's your next move? I can't stand how these investors get so hung up on Playing God with other peoples' companies. If they want to take over the world (and endure the risk involved; since world domination has a much higher chance of failure than a sustainable, mid-growth lifestyle business) they should do it with their careers and companies, not someone else's. Elon Musk is doing the right thing. He's chasing the vision with his own work, rather than jumping into someone else's Magitek Armor and then deciding to burn Narshe. Also, these asshats are the reason it's so fucking hard for startups to get clients. Businesses (clients) have been burned, horribly, in the past by startups dropping them to chase dragons because their investors thought it a better idea to drop the client and roll the dice on some red-ocean product play with a 1-in-100 shot at success. This creates a world in which clients are very cautious about dealing with startups. We'd have a better ecosystem if the VCs were just passive investors who didn't try to live out their own adolescent do-the-world fantasies. They'd certainly make more money that way. |
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