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Anonymous

Hey I am on Medial • 2y

Is the concept of venture capital a bad thing. Because I have seen so many startup’s getting destroyed because once they start raising they are always chasing a funding round and grow for the investors and not their customers. Whereas if we see earlier times when traditional businesses used to start up from bunkers, they would solve for the customer first, crack PMF and blow up before raising any vc funding round. Venture capital should not have become so mainstream is what my opinion is.

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Replies (4)

Anonymous 1

Hey I am on Medial • 2y

Problem is people don't understand Venture Capital properly. It isn't meant for every business. It's only for highly scalable businesses. Even if you have potential of making 20-30 Cr a month, the business is still not VC investible.

Anonymous 3
•

Google • 2y

The obsession with VC funding and its glamour is concerning. We have to open our eyes to building instead of raising.

Anonymous 2

Hey I am on Medial • 2y

I feel you. A lot of young folks are deluded that you can only startup if you get funding. We need education in this space.

Anonymous 4

Hey I am on Medial • 2y

Shark Tank India specially has convinced everyone that funding is neccesary to build a business. Toxic af. Lord help the nation.

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