Inexperienced Entrepreneurs Can't Get Money
from the so-they-say dept
Another one of these silly conferences where VCs say something that’s exaggerated and everyone takes their word on it. The latest is the idea that inexperienced entrepreneurs can’t raise money. It makes for a good soundbite, but it doesn’t necessarily seem true. I’ve seen a number of inexperienced entrepreneurs raise money recently. Also, I think it’s amusing that VCs still say they’re impressed by people who admit they need to bring in a CEO. Anyone who isn’t very experienced and goes to a VC saying anything else has apparently not read anything on how to raise money – as that’s the first bit of advice even the most basic guides give. Of course, no one mentions that many of the world’s biggest tech companies were founded by inexperienced entrepreneurs who kept the CEO title. But, why rock the boat? The VCs obviously are right.