-
jayrosen_nyu mathewi jeffjarvis rafat I think it lets the investors off the hook a bit too much. VC, especially the particular flavor that is common lately, come in expecting a particular set of KPIs and they are basically all scale or scale related.On twitter.com
Mood 0
-
jayrosen_nyu mathewi jeffjarvis rafat Of course the founders shouldn't take the money if they don't have the plan to deliver. But usually the promise of VC is that it comes with some sort of advising and wisdom. Except that advice usually doesn't fit media.Permalink On twitter.com
Mood +1 🙂
-
jayrosen_nyu mathewi jeffjarvis rafat There is definitely a problem that comes from VCs/Tech people that think they know everything about a business they actually know nothing about. See... oh let's go with the easy one... Medium.Permalink On twitter.com
♻️ 1 Retweets
Mood -1 🙁
-
jayrosen_nyu mathewi jeffjarvis rafat I agree that the founders are mostly to blame though. They can take different money or set different conditions. Mostly they don't. Is it b/c they're bad at handling the contracts or the VCs push too much in the wrong direction? Prob a bit of both.Permalink On twitter.com
Mood -6 🙁