Richard Hart

Head of Something @ Somewhere
Kent, UK

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Will VC eat itself

There was a post on TechCrunch a few days ago about the big lie in startups and how you can’t run a startup without lying about a million things. When I really think about all these funded startups it upsets me, mainly because I’ve tried to bootstrap all my endeavours. That does make me sound bitter, and I am if I’m honest about it. If you start a company, get funding and fail you’re still often seen as a winner in people’s eyes where as those that bootstrap a company and fail are just seeing as losers. When did we reach a point where getting VC was the main priority after starting a business? When did we lose sight of actually trying to make money first?