After many years in venture capital, one thing still bothers me:\n\nThe best teams don\'t always raise the most. The best storytellers do.\n\nI\'ve watched incompetent founders close massive rounds because they knew how to sell a dream. Meanwhile, exceptional builders struggled for months or even years because they focused on product instead of pitch.\n\nCapital markets are not meritocratic. Never were. Probably never will be.
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After many years in venture capital, one thing still bothers me:\n\nThe best teams don\'t always raise the most. The best storytellers do.\n\nI\'ve watched incompetent founders close massive rounds because they knew how to sell a dream. Meanwhile, exceptional builders struggled for months or even years because they focused on product instead of pitch.\n\nCapital markets are not meritocratic. Never were. Probably never will be.