A Unified Theory of VC Suckage
paulgraham.com
A Unified Theory of VC Suckage
VCs are similarly disinterested in growing modest, sustainable businesses. In fact, a company that grows a healthy 5% a year is in some ways worse for a VC than a company that simply implodes on a moonshot. VCs have derogatory names for these otherwise seemingly healthy businesses: the walking dead, or worse yet, lifestyle businesses (when you say
... See moreInvestors are people with more money than time. Employees are people with more time than money. Entrepreneurs are simply the seductive go-betweens. Startups are business experiments performed with other people’s money. Marketing is like sex: only losers pay for it. Company culture is what goes without saying. There are no real rules, only laws. Suc
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