Building for builders - Linda Tong
lindatong.substack.com · 1,268 words · saved by 2 readers
VC programming is broken, and this is what needs to change.
The way investors target founders isn’t helping them find the type of founders they want to put their money in. Having attended and hosted numerous VC-sponsored events across several funds in the last two years, I’ve noticed that many of these events can attract the wrong kind of founders: those who are drawn to entrepreneurship for external benefits or clout, instead of being genuinely interested in solving problems. As the event budget increases (fancy dinner, yacht party), so too does the misalignment of incentives for attendees. Dinners, particularly, can create a disjuncture between…
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