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Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

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Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#123
post #107

Their service here in Washington, D.C. is awful. I used to love Uber, evangelized it to friends, was even the first to show Sanju Bansal how it worked when we were at a gala. Everyone else was fumbling for their S-Class keys while our twin black Navigator vehicles proceeded to pick us up at the entrance. That, to me, was the Zenith of Uber. The entire VC set of the city was waiting for cars and drivers gridlocked in…

[deleted]

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#124
post #79

Earlier quoted context omitted.

Despite the comment you replied to having no substance, I honestly wonder if people associate Uber with German and German with something negative.

Thats a funny point.

It's not just that "Uber" is a German word, but that it's a word associated with Nazis (via "Deutschland über Alles"). Another association is the Ubermensch:

> The term Übermensch was used frequently by Hitler and the Nazi regime to describe their idea of a biologically superior Aryan or Germanic master race;

https://en.wikipedia.org/wiki/%C3%9Cbermensch

When I first heard of Uber, it's what I immediately thought of.

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#125
post #107

Their service here in Washington, D.C. is awful. I used to love Uber, evangelized it to friends, was even the first to show Sanju Bansal how it worked when we were at a gala. Everyone else was fumbling for their S-Class keys while our twin black Navigator vehicles proceeded to pick us up at the entrance. That, to me, was the Zenith of Uber. The entire VC set of the city was waiting for cars and drivers gridlocked in…

Quality of Uber in markets outside of NYC (where you need TLC car and thus mostly just get professional livery drivers) is really appallingly bad.

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#126

Earlier quoted context omitted.

I've never seen a countertop oven, except as a "feature" of an expensive microwave. As I understand it, results for baking especially would be poor, as the oven has less air mass and less heat capacity. (At least, that's the reason my mum gave for not using the feature on her fancy microwave. She used to be a professional cook.)

Wait, really? Never one of these? http://www.amazon.com/Better-Chef-Toaster-Broiler--Stainless... Besides the price, the low thermal mass is a selling point -- throw a couple chocolate chip cookies in there and you don't heat up the entire house in the middle of summer just for a fresh baked treat.

I forgot to say I've lived mostly in the UK. A quick search shows a couple of models are available, but that's a tiny selection compared to most appliances, and they're being sold at a very low budget shop.

Britain doesn't really have snack food like America. I've never thought to warm up a cookie, and without air conditioning I doubt I'd want a warm snack in the summer. Ice cream!

Though thinking about it, the most common thing to serve during the day as a snack is cake. There's a decent variety here (remove "vegan" and anything that says "salted"): http://www.jamieoliver.com/recipes/category/dishtype/cakes-t...

(Or, perhaps with smaller houses on average people don't want to use up the space for one, and wealthier people with space don't want to heat up processed foods.)

Most British people own a toaster. Do Americans? https://en.m.wikipedia.org/wiki/Toaster

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#127
post #22

Earlier quoted context omitted.

> unless it's a "network effect" situation like a social network, you probably don't need to grow fast. Uber seems like a weird example of this. It was said (and remains said) that they're operating in a winner-take-all space, and they expanded as if they were a social network. Despite the aggressive expansion and marketing, a majority of people I know in the Bay Area now use Lyft exculsively. The last few times I've…

I always take Lyft over Uber because they actually TELL YOU THE COLOR OF THE CAR on the app. Uber not showing you the color of the drivers car is one of the weirdest UI decisions I can ever remember.

Well, that's weird: I got into an argument with my Uber driver at SFO last week because the app said his car was gray and I didn't notice it waiting there because to me it looked black.

Maybe it's supported for different grades of service?

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#128

I've been in tech only 6 years and I am already bored of these cycles of VCs becoming frenetically exuberant followed by cautious times. Their advice to startups changes depending on what time it is. It's all so predictable yet people are surprised every time. Any entrepreneur building a business factors these in and approaches fund raising based on that knowledge. I don't even know the point of these articles any mo…

Well as the saying goes, "It is always new to someone." :-) And that is largely true. Here in the second decade of the 21st century people are getting funded who were blissfully unaware children in the dot com crash, or the semi-conductor recession, or the great social is the new webvan pullback. A publication can get a lot of clicks and buzz from folks for who it is new, and so they report it as new. But the article…

That's a really great explanation, thank you. You are right, everyone has to Calculus 101 :-)

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#129

I've been in tech only 6 years and I am already bored of these cycles of VCs becoming frenetically exuberant followed by cautious times. Their advice to startups changes depending on what time it is. It's all so predictable yet people are surprised every time. Any entrepreneur building a business factors these in and approaches fund raising based on that knowledge. I don't even know the point of these articles any mo…

Well as the saying goes, "It is always new to someone." :-) And that is largely true. Here in the second decade of the 21st century people are getting funded who were blissfully unaware children in the dot com crash, or the semi-conductor recession, or the great social is the new webvan pullback. A publication can get a lot of clicks and buzz from folks for who it is new, and so they report it as new. But the article…

Also, I will look up Danielle Morrill's stuff more. I've definitely enjoyed following Mattermark in general.

Re: Valley VCs Sit on Cash, Forcing Startups to Dial Back Ambition

#130
post #11

I've been in tech only 6 years and I am already bored of these cycles of VCs becoming frenetically exuberant followed by cautious times. Their advice to startups changes depending on what time it is. It's all so predictable yet people are surprised every time. Any entrepreneur building a business factors these in and approaches fund raising based on that knowledge. I don't even know the point of these articles any mo…

> I don't even know the point of these articles any more. How else will the people who have been here less than 6 years get jaded? More usefully, it may be obvious that these things go in cycles, but knowing exactly where we are in the cycle is very valuable to anybody who is thinking about raising money, or who is working at a company that isn't yet self-sufficient.

Haha, yes. One issue I do notice though is that the articles lag behind reality by some months at least. So by the time the news hits, it's already a much progressed state.
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