Are all VC’s Negative?
There are many great Venture Capital firms out there to help start-ups grow and prosper – unfortunately there are many firms that are not so great. These firms are full of people who have long become cynical, maniacal, megalomaniacs – who look down on the very people they are in business to help and nurture. This leads to the saying, “Not all money is equal.”
I receive various newsletters from Venture firms with “tips” to founders and start-ups. Today I received one that had tips on how to conserve your cash. The unfortunate part is that while this is a great topic and one that all founders should be made aware of, it was written in a negative way. As in “X number of ways to burn through all your cash”. The post went in to great length of what you should do to burn cash. There is no reason to use a negative scolding like tone as it got in the way of the message. Do you really want someone (the VC) looking over your shoulder treating like a child? What should be great advice was imparted with smuggishness and condescension that is a hallmark of horrible VC firms. The tone was so bad that the advice is immediately dismissed. A shame as the topic of how to avoid burning through your cash should have been a great one.
The article was so offensive that it did nothing to help anyone and makes you wonder if the tone of the article represents the tone of the firm towards their portfolio companies…
I guess “I” will NEVER know.
Tags: professional money, VC, venture capital