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The steroid era of startups is over–here's what 8 top VCs think will happen next

uk.businessinsider.com

1–4 of 4 posts

Re: The steroid era of startups is over–here's what 8 top VCs think will happen next

#3

If the VCs know what's going to happen next, where were their predictive skills when they were pumping all of this money into companies with bad financials/business models in the first place?

They could not care less about that at the time, as long as long as acquisitions at crazy valuations got them their exits...

Re: The steroid era of startups is over–here's what 8 top VCs think will happen next

#4
What's particularly telling about how absolute fucking bullshit these "Top VC" explanations are is that fact that virtually every single one of their comments is in this abstract, passive voice-- they're all talking about some other company, some other fund. It's never their problem or their mistake. It's full of qualifiers. Be an adult and take responsibility for yourselves!

Examples:

- "the price of oxygen has increased..."

- "the VC's have been saying..."

- "the venture community has realized..."

- "investors are largely to blame..."

- "I won't name [the company], it's one we're not in..."

- "to make the business work you have to go deeper into the muscle..." (I don't have enough WTF's for this one)

- "A number of companies will fail..."

- "I would say will end in unhappy outcomes..."

- "There are good businesses..."

- "I've heard of companies..."

- "Companies have and are doing certain things..."

- "you can say that as values get more rational, things will get better..."