"VCs back founders, not products": angel investor on why fundamentals don't matter
ctjlewis · x · 2026-10-31
Responding to "how did this get funding", ctjlewis argues VCs openly admit they back founders rather than products—prices go up because they pick who they want to win, with fundamentals, users, or demand playing no real role. The reply kicked off a broader debate on how VCs actually decide.
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