Future of VC funded mobile and web based startups

I'm talking about real profits, startups that generate good revenue and do not depend on VC money.

So I ran these 2 surveys on GV. The one on the left is for millennials and the other one is for GenZ. I really thought that the GenZ narrative was false. Guess I was wrong. This is such a stark difference. What do you think is the reason for this? P.S. I was born in 2000

- Most VCs are fraud, they never make any money and keep shifting from one fund to another to hide that they never made anyone any money. They also have usually no real input to add. They are no subject matter except negotiations which too mostly they just prey upon any founders. It's a thankless asset class. Most founders will always hate it as they will never get a dollar and most investors hate it as they will never net a dollar. Never chase VC, they are supposed to find opportunity .. Chasing them is useless, they judge you for it. So treat them from first day like your ex. Gf/bf. - Most tech startup founders are fraud, they never make any money and keep shifting from one idea to another to hide they never made anyone any money. it usually takes 20 years to make a real $100 million dollar revenue company, but 20 months to be a unicorn. Any unicorn today is priced according to what they would make after 5-10 years... Yeah right. - Making real money is hard. Making fake money is easy. 99% of startup Esops are fraud If the company is homerun, then they won't get you stock easy. If the company is maybe homerun, they won't give you cash easily. If you get free cash and esops, just imagine it's an 18 month project. - Most of the humblebrags are fraud as half of them don't even understand the fine print of what they think is real money but not. - Most of the people who usually ask for change have no intention for it. They want to be seen as leaders, change is hard, negotiated and cried for. - you only live once. Go hard.. No one like people who have too much to talk but nothing to show.

Whats your thought about tech boom is over? I personally think tech promised a lot much things and it failed. I may be wrong but people who are calling chat gpt is the future was the ones who supported web3 and crypto mania. So what will keep moving the tech industry? One of which is I think is digital automation, rest please enlighten us, so that we can research, read and learn about it.

Kya dikat hai bhai, udane do paisa. Tumhare thodi hai. Good firms genuinely perform well and return money. The ecosystem is not forgiving -- you don't survive very long if you don't create any big wins. It's an extremely high stress job with very little WLB. You do make money but it comes at a cost. Layoffs are sad but at least those jobs existed in the first place? They wouldn't without VC money. India's VC scene is extremely young and it'll take time before we produce a Google. Entrepreneurs are not always right, they are not always nice either; but they definitely are courageous.

hello viners, Want to know about startups which are doing AI based solutions in the manufacturing / process industry. which are the current big names and how does the future look like?

The US is in its late stage capitalist phase, a ship that's going to sink for the next 50 years. If you're a young person there it doesn't make sense to work as hard as your Grandpa the reward on average isn't as great. India on the other hand is poised to become a great multi-trillion $ economy. Onto something huge. We're talking like 10x growth of the economy here. Start-ups that have made it like Razorpay, Swiggy, PayTM, even Cred, if they survive will be really huge as capital in the country, liquidity and lifestyles go up over the next 50 years. Be the capitalist, take the risks, make bets, work and stack up promotions and money. Don't join an Infosys and work 70 hours there, do it for a start up of any scale you believe is going to make it. Or better yet start your own.

My first thought is that, inflation adjusted returns will soon become lucrative for investors as some amount of capital returns to VC Funds. Any other thoughts/differing PoVs?