> On a similar note, it’s pretty fashionable these days to see party rounds with lots of investors each putting in a small amount of money. Mark Suster calls this collecting logos.
Collecting logos - now that's a new one. I used to call that "buying trophies" :)
Another saying that I have about Silicon Valley is that it's "Wall Street with jeans".
There's a lot of money, and a lot of power sloshing around. It's not all fairytales and lollipops. When you get here prepare to get fucked. Repeatedly.
Before dealing with anyone always ask yourself this question:
> "How are they fucking me?"
It's a line I stole from Jim Messina - Obama's reelection campaign manager. It's proven quite useful.
Oh and one last important heuristic: never trust a suit. Engineers can be pretty bad at fucking each other when they become founders - but then again by then they're just suits.
Collecting logos - now that's a new one. I used to call that "buying trophies" :)
Another saying that I have about Silicon Valley is that it's "Wall Street with jeans".
There's a lot of money, and a lot of power sloshing around. It's not all fairytales and lollipops. When you get here prepare to get fucked. Repeatedly.
Before dealing with anyone always ask yourself this question:
> "How are they fucking me?"
It's a line I stole from Jim Messina - Obama's reelection campaign manager. It's proven quite useful.
Oh and one last important heuristic: never trust a suit. Engineers can be pretty bad at fucking each other when they become founders - but then again by then they're just suits.
An even better heuristic: trust no one.
PS - watch this video and get your cynicism on: https://www.youtube.com/watch?v=uzNRUkl9BoY