The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
thisisgoingtobebig.com
The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
1–10 of 12 posts
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#2Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around.
This post strikes me as "in a perfect world, [...]". Rather inconsequential.
Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd be able to buy one. Yeah, whatever.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#3one more: someone who has experience as a startup entrepreneur so that he/she understands and feels the pain & gain in sync.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#4Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around. This post strikes me as "in a perfect world, [...]". Rather inconsequential. Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd…
VCs get to choose, right?
Not necessarily.
You bring up a great point. Instead of building a startup that can attract VC attention, why not focus instead on building a startup that VCs will fight over. That's how we should all be thinking.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#5Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around. This post strikes me as "in a perfect world, [...]". Rather inconsequential. Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd…
VCs get to choose, right? Not necessarily. You bring up a great point. Instead of building a startup that can attract VC attention, why not focus instead on building a startup that VCs will fight over. That's how we should all be thinking.
If the point is to get funding, yes, I suppose. Don't you build startups to be useful, though?
I do think you have a point, though, if, if your building your company, you set it up to be so profitable, VCs will fight to get in on the action. All startups should do that, given that businesses DO exist to make a profit (and a great many people forget that fact, profit is the difference between a business a hobby), so your point is well-taken.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#6For already successful companies seeking funding, it's all asking/understanding "What do you bring to the table other than your money?" Joe Blow's $250,000 isn't as valuable as Mark Cuban's $250,000 investment for the reasons in that article.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#7Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around. This post strikes me as "in a perfect world, [...]". Rather inconsequential. Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd…
if the product is good then VCs will line-up ... also startups are cheap to start so a good product will be your own PR machine.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#8Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around. This post strikes me as "in a perfect world, [...]". Rather inconsequential. Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd…
VCs get to choose, right? Not necessarily. You bring up a great point. Instead of building a startup that can attract VC attention, why not focus instead on building a startup that VCs will fight over. That's how we should all be thinking.
[deleted]
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#9Nice post, but rather inconsequential: Who needs who more, after all? VCs get to choose, right? They are the ones with the money. Companies go after the VCs not the other way around. VCs are the ones with their staff filtering phone calls, not the other way around. This post strikes me as "in a perfect world, [...]". Rather inconsequential. Here's mine: In a perfect world, Ferraris would cost $3000 USD, but only I'd…
if the product is good then VCs will line-up ... also startups are cheap to start so a good product will be your own PR machine.
Not necessarily. Some of the best businesses in the valley were turned down by several VCs before getting funded. Many VCs are like sheep..."good" or "bad" is irrelevant, as long as others want in on the deal.
I know several companies that I know are going to be great businesses, but haven't had an easy time raising money because of lack of skills in other areas. The presentation is at least as important as the product, because getting past stage one requires a good presentation. There are lots of PowerPoint-fu masters in the valley who've been funded numerous times, and have yet to build a business.
Re: The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by
#10Wow, that took me way to long to figure out what that post was about.
I was looking for big projects that needed to be funded by a VC, when I finally got it that someone is looking for a VC to fund them. Yeeks. (Note to self: read slower!)
It's not really the other side of Paul's coin folks. Totally different concept.