VC Funding Can Turn Into an Evil Empire

Written by johnrush | Published 2023/06/27
Tech Story Tags: business | venture-capital | venture | funding | vc-funding | self-funding | vc | projects

TLDRUnicornplatform is an open-source app that lets developers test new products. The app is funded by a company called 'Mr.VC' The founder of unicornplatform, Johnrush, is a self-confessed 'dark side' VC. Johnrush: 'To those who have something, everything will be given'via the TL;DR App

Hola, amigos! I've been on the dark side... uh excuse me, I mean the VC (Venture Capital) side for years.

Invested my own hard-earned money and raised funds multiple times for my startups.

But now? Now I'm self-funding, and it's like someone turned on a light bulb in my head.

My eyes are popping open wider than when you accidentally run your code without testing only to find out there were bugs hiding in there like ninjas!

I realized that most of this so-called "VC money" is just burned playing what I have come to call the "unfair game." We're talking about buying Forbes articles, media ads, bot farms, and 1000 more hacks or as we devs love to say - cheats.

When I was backed by VCs myself, it didn't seem so different. They put a million dollars on your table with all the subtlety of a bull in a china shop while pushing you to grow fast at all costs. But when you switch sides and suddenly see things from another perspective... woah Nelly!

The rule of money seems simple: those who have it use it not just for multiplication tables but also for domination games. Those with followers get even more followers because hey why not?!

So basically our motto becomes: 'To those who have something, everything will be given.' But hold up folks!

This ain't no Bible verse nor is it any kind of fair play.

Now, don’t get me wrong here.

I’m not saying wealth distribution should look like one big pizza everyone gets an equal slice of – after all capitalism isn’t quite dead yet last time I checked 😄 – but surely we can do better than this?

Because fewer players start doing everything in this scenario which would be great if they loved their initial stuff, but as their user base grows, they add more products just because…well…they can.

Do they love these new products? Most likely nope; it’s business pure and simple.

This leads us back round full circle to where we started off:

Is being driven by monetary returns alone really such a good thing?

Can dreams powered by passion rather than cash create successful ventures too?

So today, dear friends, let’s embark together on a mission: A mission towards changing how things work; towards creating tools made by teams that live & breathe what they do rather than simply chasing dollar signs!

One such fight we’re currently engaged in is through one of our brave projects called unicornplatform against another product funded by guess who?

Our old friend Mr.VC Money Bags himself!

This contender has launched a landing page complete with a waitlist & magically accumulating upvotes despite having negligible site traffic or social media presence plus zero evidence of any real product launch dates!!

And yes, before anyone asks – God’s will apparently doesn’t extend itself toward getting your code working properly either. 😜

As always remember, life isn’t simply about winning or losing battles folks – sometimes standing up & fighting against odds stacked high enough to give Jack & his beanstalk vertigo counts too. ✊


P.S. If you read till here, then congrats amigo! You’ve earned yourself some Twitter candy 🍭 Go ahead and follow me @johnrushx unless you want bad karma waiting outside your door tomorrow morning 😉 Don't say nobody warned ya!!

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P.S.2.0 The AI landing page builder I talked about that’s fighting against injustice https://www.producthunt.com/posts/unicorn-platform-ai


Also published here


Written by johnrush | Founder of MarsX & 20 more projects
Published by HackerNoon on 2023/06/27