Because VCs and Founders are stuck in the same loop of eternal damnation. One will win over the other and no one knows which one.
The dynamic never changes. Dig up this article from 2005- https://paulgraham.com/venturecapital.html
Indian VC 20 years later……….👋🏻
I guess it's similar to the recruiter/candidate dynamic. Both want different things but can't do it without the other.
Was about to comment the same
Extremely interesting.
Because most associates and VCs in India are hired with no or minimal operating experience, yet possess a generic sense of overachievement at startups during the bull market due to overexpenditure on performance marketing, during which they often claimed credit for growth outcomes through 'deep gyan' posts on LinkedIn and Twitter about user persona and product insights.
This bloated ego, at an early stage in their career, coupled with the immense status driven by their role, leads to self-gloating while regurgitating the strategy and talking points of Western investment firms.
Now that you have achieved society’s utmost status in the startup world, with no real experience in building businesses or shipping products that can drive profits, self-preservation kicks in. This leads to embracing Machiavellian tactics, forcing founders to set rather shallow goals and targets to preserve the godly self at any cost.
Hence founders hate VCs.
