Rick Segal just posted his version of the New VC Handbook.
I’ll be honest. If I were starting a company I would try to do it without much VC, if any. Why? Cause I know some folks who’ve worked for VC-run startups. Ones where the investors made billions. Where the founders got maybe a hundred million. And where everyone else got literally bubkiss.
I hear these stories all the time. How the investors just don’t care about the developer. The folks who actually make the product work and make it pretty. Er useful.
Is there a new kind of VC that looks for a win-win-win? I’m not sure. But if there is one out there, I think that’s a selling point. Word does get around. Same for big companies. Are we looking out for everyone’s interest or just our own? Word does get around, you know.
