Understanding Startup Funding Announcements and Perceptions

Apuntes

• Subtitle: Startup Funding Fair [Music] This is Dalton plus Michael. Today we're going to talk about is startup funding fair. So I'll set this up. Instead of working on your company, you're browsing Twitter because that's what all good founders do. And you see company has just raised a $10 million round from A6Z and you checked out their product last week and you're like that product sucks. And you see all these people being like, "Oh my god, this company's so great. They're going to win the space." And you are starting to think, "Is this all a joke? I was told this was meritocratic and d But like these folks suck and they're raising all the money and they look like they're cool. What's going on?" Yeah. I mean, look, think about how many office hours that we do. Yes. where you know there's some other topic. But when you get right down to it, what's actually going on is that someone read a fundraising announcement and somehow that caused them to go through a like a total spiral. Like the founders I'm talking to are spiraling. Yes. Sometimes it's because they're sad. Yes. Because um they're Yes. Sometimes it's they're enraged because how dare this dumb thing that's so bad that we're...