21–30 of 36 posts
Frankly, this seems like a great article pointing out exactly why the VC and startup space is such a male dominated area. So many clear male biases here (exude confidence, fake it until you make it, etc)
I deeply hope to never raise money in my life.
The wealthiest among all my investors (who are also self-made) never raised VC for their startups. All bootstrapped. Too many founders pour their life into a project and end up making less than their investors do from the sale of their own company. That said, if you can raise a lot for very little equity in a short time, it can be worth it.
This is the kind of work I'd relegate as a skill, but not a pure talent if that makes any sense. Some people are probably more natural than others but the skills required aren't worth staking your life on, and this is very much one of those things where all the value comes from experience and knowing the right people.
If people don't want to fundraise, the solution is simple: don't be a CEO or start a company.
Frankly, this seems like a great article pointing out exactly why the VC and startup space is such a male dominated area. So many clear male biases here (exude confidence, fake it until you make it, etc)
Are you saying non males don't have confidence and can't fake it until they make it?
1.https://scholar.harvard.edu/files/sarsons/files/confidence_f...
2.http://www.paulineroseclance.com/pdf/ip_high_achieving_women...
Bullshitology
Does it strike me odd that CEOs and founders complain about fund raising? That's one of the most important parts of their job. And I don't see how having 20 VC pitch meetings lasting 30 minutes on average over the course of three months is exactly "hard" work. I'd expect nothing less, and perhaps even more. Or at least some kind of analytical approach to the process that is both reasoned and strategic as it is dilige…
Does it strike me odd that CEOs and founders complain about fund raising? That's one of the most important parts of their job. And I don't see how having 20 VC pitch meetings lasting 30 minutes on average over the course of three months is exactly "hard" work. I'd expect nothing less, and perhaps even more. Or at least some kind of analytical approach to the process that is both reasoned and strategic as it is dilige…
> If people don't want to fundraise, the solution is simple: don't be a CEO or start a company.
That has to be heavily qualified, as it applies to a very small subset of CEOs and founders. Your last statement is radically off-base vs the reality of who starts most new companies in the US. The extreme majority, 99%, of all CEOs and founders in the US do not actively fund raise as part of their jobs. They have actual operating businesses that require their attention and pay for themselves with sales, or otherwise are bootstrapping on variations of self-funding. Few start-ups in the US are backed by venture capitalists or involve VC fund raising.
~500,000 new businesses are started every month in the US. ~400k-500k new employer businesses are started each year. Less than 1% of all of those businesses are backed by venture capitalists.
Does it strike me odd that CEOs and founders complain about fund raising? That's one of the most important parts of their job. And I don't see how having 20 VC pitch meetings lasting 30 minutes on average over the course of three months is exactly "hard" work. I'd expect nothing less, and perhaps even more. Or at least some kind of analytical approach to the process that is both reasoned and strategic as it is dilige…
If that entails going to VCs, that's your job, If it's meeting bank managers for a standard loan, that's your job. If it's building or bootstrapping to gen revenue, that's your job.
I agree with your initial point though, this process (making sure there's cash in the bank to execute on the vision) is essentially part of the CEO's role, but most articles on the topic see it as being something different.