Let's All Shed Tears For The Crappy Startups That Can't Raise Any More Money
I really don't understand the hate with which Dan Lyons is speaking.Startups are crazy, sometimes hugely profitable companies that sometimes start up with the same money it takes to start a restaurant or less. Sometimes they succeed, sometimes they fail, sometimes they are a complete joke. It's intense and awesome and that's why we are all drawn to it: huge potential. VCs are a part of it and without them this market wouldn't exist.Not every startup needs VC money but some do and all the investment they have poured into the economy has had a positive impact. Again, I don't get the hate.Dan Lyons's article is completely absurd (maybe that was the point) but I see no reason to help him or anyone else by posting this ridiculous ant-startup link bait. They all the say the same thing in different ways and they all have this weird, bitter, almost-jealous resentment to them.I don't know if journalists are mad because they don't get into startups themselves, only cover them. Or because journalism has been fairly marginalized (sad but true) and is undergoing some major transitions... I don't know.