A famished fox saw some clusters of ripe black grapes hanging from a trellised vine. She resorted to all her tricks to get at them, but wearied herself in vain, for she could not reach them. At last she turned away, hiding her disappointment and saying: “The Grapes are sour, and not ripe as I thought.”
After reading Tech Crunch, Venture Beat and Mashable for a month, you’ll learn one thing: people don’t like the venture capital sector. My reasoning is that, like the fox, people dislike what they can’t get.
Granted, I’ve got certain issues with the way the VC sector runs itself. And this is coming from someone who’s life revolves around venture capital. Literally. Lately the hours haven’t been to balanced for VC Analysts
Even with a couple of my side startup projects, I’m having a tremendously difficult time raising capital. However, I haven’t put up blogs declaring the sector “dead.” I have yet to assign the belabored excuse of, “It’s impossible to get VC money in this economy.” Rather, I’ve taken responsibility. The reason I’ve struggled raising capital is because I’m either, one, too overextended with work, or two, not accurately presenting the “need” inherent within the startup.
When raising venture capital, no matter what economy you’re in, the odds are stacked against you. Don’t diss what you can’t get. Take the higher route…. and perhaps you’ll grab some grapes.