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Cake day: October 30th, 2023

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  • rco8786@alien.topBtoStartupsSilicon Valley has a vision problem
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    10 months ago

    > a vision problem, where they fund and celebrate people they like

    The VC world, and the world *in general* has always been and will always be a “who you know” system. VCs talk All. The. Time. about how they invest in founders not ideas. That literally translates into funding who they like.

    This isn’t a secret, it’s the publicly advertised strategy.

    Humane will get whatever is coming its way. It’s been what, 72 hours since that video? Things happen a lot slower than you think. It’s easy to compress time in hindsight…Adam Neumann ran WeWork for years even after it was apparent that he was pulling all sorts of financial tricks and heading straight for bankruptcy.