korrents

venture capital

Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.

What people on korrents have said about venture capital, newest first — 6 positions from 3 people.

FilterEveryone, all time
Who Everyone PGPaul Graham 3 DHDavid Heinemeier Hansson 2 PLPieter Levels 1
When All time Past 1 yearPast 3 yearsPast 5 years
  1. PG

    Paul Graham quoted

    Our readingEarly-stage investors must be ready to advise founders on nearly every aspect of the business, unlike later-stage investors.

    Their wordsOne of the distinctive things about YC as compared to later stage investors is that you have to be prepared to give advice about practically everything.

    ↗@paulg on Xx.com

    startups

    Interesting
  2. 1 day earlier
  3. PG

    Paul Graham quoted

    Our readingGrowth impresses investors more than any credential does.

    Their wordsNo credential will get you more credibility with investors than growth.

    ↗@paulg on Xx.com

    Interesting
  5. PG

    Paul Graham quoted

    Our readingA company that grows enough eventually has no need for investors.

    Their wordsAnd if you do it well enough, you won't need investors at all.

    ↗@paulg on Xx.com

    Interesting
  6. 5 weeks earlier
  7. DH

    David Heinemeier Hansson quoted

    Our readingVenture money ruins software: raise a fortune, hire hundreds, and crap comes out, because the funnel that forces hard choices is gone.

    Their wordsThis was one of the reasons why I was always so skeptical about venture capital when it came to software. Because I saw time and again people raise an enormous amount of money, hire hundreds of people, and produce crap software.

    ↗DHH: How to Build a Profitable Company Without Losing Controlyoutube.com 3rd of 15 in this recording

    startups

    Interesting
  8. 8 days earlier
  9. PL

    Pieter Levels quoted

    Our readingAbout 5% is the most common final ownership stake for the founder of a VC-funded startup that works out.

    Their wordsYou think this is crazy low but ~5% ownership probably the most common final % most VC funded startups will have when they work out, especially when you have a co-founder

    ↗5% ownership is probably the most common final stake for VC funded startup founderslevels.io

    startups

    Interesting
  10. 12 months earlier
  11. DH

    David Heinemeier Hansson quoted

    Our readingThe way to stay small is never to take other people's money: the moment you do, they want the largest return, and the enterprise playbook follows.

    Their wordsBecause the problem isn't just venture capital, it's other people's money. Once you take other people's money, completely understandably, they want a return and they would prefer to have the largest return possible.

    ↗DHH: Future of Programming, AI, Ruby on Rails, Productivity & Parenting | Lex Fridman Podcast #474youtube.com 22nd of 36 in this recording

    startups

    Interesting