in the last month or so, three different times a US VC said no to a deal we were working on.
the usual reply is that it is really interesting, but
there is some risky or serious work to do:
- the CEO is not proven
- the go to market is unclear
- can it scale?
so, we are left with the deal.
“Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me,
I lift my lamp beside the golden door!”
the poem by the way was solicited as a donation to an auction. it took some time, but now it is not only engraved on the Statue of Liberty, but also in the collective American memory.
believing in the unwanted made America great.
don’t we alone want for someone to just ‘take a chance on me‘?