Not fundable

Turns out no amount of fundraising, press, buzz, amazing employees, and/or cool tech guarantees you product market fit.

Nobody talks about failure in Silicon Valley, yet 90% of startups fail. Why? 3 yrs ago, @neerajberry and I shut down @Sprig, which raised $60M from @GreylockVC + @socialcapital & grew to $20m revenue. Then, it all fell apart. For an honest story about failure, **Read on**

startups: build it and nobody will come until you figure out distribution which is way harder

The mistake is thinking your startup idea is venture-scale and getting on the VC treadmill. Once you’re on the treadmill, here’s what changes:

1. High growth expectations: VCs are looking for companies that grow big enough fast enough. If your business isn’t suited to this kind of rapid growth, it can lead to undue pressure and unrealistic expectation

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The deadline for YC S24 is tomorrow. Here's why you SHOULD NOT APPLY TO YC: YC seems like a reasonable proposition. They give you some money to help start your business, and they promise you access to a community of people that can help you along the way. In exchange, they don't ask for much. The standard YC deal is $500K for 7% equity. That doesn... See more