My big question, because the obvious "they screwed up royally with wework" has been talked about ad nauseum, is what is their new strategy? What sorts of start ups are they going to try to fund now? Is any startup that takes their funding starting from a bit behind now, because of the stigma?
I don't keep up with the day to day gossip of VC, but I do find it interesting, so I just want to see the next moves.
That's actually what the Austin Zoo is: A bunch of animals people tried to keep as pets that they had to give up when the animal got big enough to eat them. Lions, Tigers, Bears...seriously someone tried to have a bear as a pet.
You're absolutely right. When I was writing this I wasn't quite exploring it from the perspective of creating a successful business, but rather taking on a project from start to completion, which is something I (and I think a lot of other people) struggle with.
I agree with you. I came close to doing that a few years back. I still hold on to that product idea, because I still think it's great. I took 6 weeks off and told myself I'd work on the project for a while, full time.
I got so much done, but honestly, probably not the right work. I wrote a ton of code, got the site up and running, and started working on the real nuts and bolts that would make the thing great. Hit a snag, and realized that I had no income, no partner, no publicity, and 6 digits of student loans to pay back. Golden Handcuffs, as it were.
I probably should have started with gauging interest, finding some help, and maybe looking for potential investors. But I'm a software engineer....coder's gonna code. I didn't know how to do any of that other stuff, but I can sure as hell write a program.
I'll probably buckle down on my next idea. Or the one after that. But one of these will go well.
Unfortunately, that story is incredibly boring and goes against the tech blog hivemind.