Modern venture capital is a “zero rates phenomenon”
Especially the talent accelerators I went through
They were building startup teams from scratch, ie pre idea & team
Then after only 3 months trying to say they were venture backable
Likes of Antler and Entrepreneur First style funds
The failure rate was astronomical. Including myself (twice I tried)
Admittedly they have hit some winners as well so credit that
But if interest rates weren’t at zero or close to, would they even exist?
jakewoodhouse / Jake Woodhouse
npub1lt…6k4fh
2024-09-06 10:08:28
Author Public Key
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2024-09-06 10:08:28Event JSON
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