It seems there is a competition playing out online to hand out the most pessimistic advice possible to founders. A quick scroll on LinkedIn or Twitter would have even the most optimistic CEO shutting down their company and running for the hills. Such blatant doom-mongering might be good for views and likes, but it is nonsense.
For a start, the venture capital market cannot be treated as one homogenous mass. Advice given to founders raising a Series C round should be entirely different from founders raising a seed or Series A round. Yet the commentary online rarely makes that critical distinction, falling back on overly negative, unhelpful
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