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Comment by Imustaskforhelp

20 hours ago

Wait so are you doing the journalistic action? I can't wait for this to drop. Please give me more details if possible.

Massive respects to your journalism, I have a lot of questions regarding this tho, namely how long did it take you to build this expose and where are you gonna drop it because I searched net for Founderstowne but I didn't find anything special, are they the VC fund you are gonna expose?

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Imustaskforhelp

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MarkusAllen  19 hours ago

Can I post a direct link here... don't want to be accused of spam?

I expose just about everyone as a "roman a clef" (a work of "fiction":>).

I'm 58 years old. Entrepreneurial builder. Disgusted by VC/PE. Been writing this book since 1987.

  • FloorEgg  19 hours ago

    After my first startup failed (didn't get PM fit) I got a bit obsessed with how to do good market research for innovation. Discovery interviews, JTBD, etc.

    During my journey I took a beat and pointed my new skills at VCs. I interviewed a few dozen VCs trying to understand what they were trying to get done and what mattered to them, but with a bit of a bias trying to gauge whether they wanted to better predict market demand of their portfolio or prospective investments' products.

    What I learned shocked me a bit. The sense I got was that they didn't really care about market demand or building a strong business, they mostly cared if the founder could sell the company up to food chain (series a, b, c etc).

    Roughly speaking: "I don't care what value my portfolio companies create, I care about marking up my book so I can increase my take".

    I don't know how much this had to do with ZIRP, but it really soured me to the VC industry. I've been committed to bootstrapping my companies ever since.