VCs are so unbelievably stupid.
They think founders are pouring life force into building a company from nothing all for the benefit of the VCs personal process and network?
Here's the story of a VC using customer references from a founder to then intro to a competitor:
- VC expresses interest in a founder's company
- Founder meets the VC to share the story
- VC asks for introductions to the founder's customers to do "diligence"
- Founder obliges
- VC spends the whole call asking what the customer thinks of Competitor A; barely spends any time on the company's product
- VC continues to email those customers, even sending them customized demos from Competitor A (clearly custom made by Competitor A for that specific customer)
- VC is barely responsive to the founder, now clearly just farming the customer references for leads to send to Competitor A
As VCs make themselves the main characters, they forget this, but we are a service industry. Without founders, we're out of the job.
They are gracing you with their willingness to have a conversation about this entity they're breathing life into. They are NOT your personal GLG sourcing engine.
Do your homework on your own time and dime, or get f*cked.
@lillysharples YC vs other incubators
AI bubble
Which company will win the AI race?
VC vs bootstrapping
Who really built the pyramids?
9-11 conspiracies
Autopen (Biden presidency)
Trump meme coins
Big Pharma
Big Toilet Paper (do we really need it?)
@useapolloio@MartinGTobias Would be great if you fixed the data removal part of your website instead of tweeting. I've tried to remove my data multiple times but strangely the captcha always has a bug (what a funny coincidence).