at one point alot of projects followed the cookie cutter play.
-Hire KOLs to shill
-Pay for followers and interactions
-Put some campaign on an incentivized platform, and then post about being shocked at the numbers.
Once it got exposed, its all pretty cringe and just an optics play
@tekbog Its actually crazy how much founders be doing this. smoke metrics and made up gibberish basically.
Precisely the type of thing we trying to fix but man some founders just dont have anything to show yet and still want to be hunting down VCs without any proper bait
@zamdoteth@0xEnjooyer@ValetTrading I get you, theres already certain MMs labeled as manipulators and when its found out they are behind the scenes, community already shouts it, and leaves
This is what a 530,000 IQ looks like. God damn
The dude saw a thing he thinks is garbage for his industry and STILL he made 600M of selling it to his industry 😂
> be ben affleck
> say AI isn’t smart enough for filmmaking
> watch the tech get better
> build an AI company
> sell it to netflix and make $ 600M
> and still call it overhyped
@NoBickal You're in luck, I advise founders who start business coaching classes for people who want to coach coaches coaching business coaching classes. Let's collab
As a founder, you sell some equity to a VC firm.
But the VC is an intermediary buyer!
- They buy your equity (= raw materials),
- they transform it into a portfolio (= packaged product)
- they "re-sell" it to their LPs (= final consumer)
- and they extract carried interest in the process (= added value)
Once you have this framework in mind, it becomes clear that Fundraising = Sales.
You're selling a home-made financial product: your startup equity. 🤯