VCs don’t like lifestyle businesses with no data moats, except when it comes to VC
VCs love markets, but run their biz like central planners
VCs don’t like it when there’s some misalignment between partners & end customers, except when it comes to LPs & founders
e.g
- VCs want one CEO, yet they have many
- VCs want founders to have low salaries, yet they take high ones
- VCs want founders to expand markets, yet they stick to their knitting
- VCs want founders to acquire cos, but they don't