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Boy, when former editor in Chief Jill Abramson accused the NYT of becoming a liberal mouthpiece she wasn't kidding. VCs will never run out of places desiring their money that's for sure.

"Hi, I'm Joe Angel Moneybags, and after examining your carefully prepared business plan, plus six months begging and pleading on your part, I like what I see and would like to invest $10M in your business in exchange for equity position with the goal of getting bought by a FAANG or going IPO. My team of expert advisors is rip raring to go. What you've changed your mind? No problem. "

I find this to be an excellent example of how Millennials and Gen Xers are slowly changing the world for the better. They see a problem and figure out a way to break the mold and fix it.

My favorite quote from the NYX piece: “If your end game is having a business that you love and continuing to thrive and making careers for people,” she said, “then I’m winning.”

Their end game isn't be about making the most money, it's about quality of life. For everyone. How very democratic.

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This is the best tl;dr I could make, original reduced by 95%. (I'm a bot)

"Big problems have occurred when you have founders who have unwillingly or unknowingly signed on for an outcome they didn't know they were signing on for," said Josh Kopelman, a venture investor at First Round Capital, an early backer of Uber, Warby Parker and Ring.He said he was happy that companies were embracing alternatives to venture capital.

Venture capital investments into United States-based companies ballooned to $99.5 billion in 2018, the highest level since 2000, according to CB Insights, a data provider.

Venture capitalists, desperate to get a piece of the company, have dug up Notion's office address and sent its founders cookie dough, dog treats and physical letters, company executives said.

Extended Summary | FAQ | Feedback | Top keywords: company^#1 venture^#2 capital^#3 investor^#4 founder^#5

This is the best tl;dr I could make, original reduced by 95%. (I'm a bot)

"Big problems have occurred when you have founders who have unwillingly or unknowingly signed on for an outcome they didn't know they were signing on for," said Josh Kopelman, a venture investor at First Round Capital, an early backer of Uber, Warby Parker and Ring.He said he was happy that companies were embracing alternatives to venture capital.

Venture capital investments into United States-based companies ballooned to $99.5 billion in 2018, the highest level since 2000, according to CB Insights, a data provider.

Venture capitalists, desperate to get a piece of the company, have dug up Notion's office address and sent its founders cookie dough, dog treats and physical letters, company executives said.

Extended Summary | FAQ | Feedback | Top keywords: company^#1 venture^#2 capital^#3 investor^#4 founder^#5

This is the best tl;dr I could make, original reduced by 95%. (I'm a bot)

"Big problems have occurred when you have founders who have unwillingly or unknowingly signed on for an outcome they didn't know they were signing on for," said Josh Kopelman, a venture investor at First Round Capital, an early backer of Uber, Warby Parker and Ring.He said he was happy that companies were embracing alternatives to venture capital.

Venture capital investments into United States-based companies ballooned to $99.5 billion in 2018, the highest level since 2000, according to CB Insights, a data provider.

Venture capitalists, desperate to get a piece of the company, have dug up Notion's office address and sent its founders cookie dough, dog treats and physical letters, company executives said.

Extended Summary | FAQ | Feedback | Top keywords: company^#1 venture^#2 capital^#3 investor^#4 founder^#5

On a sunny Saturday morning in New York a few months ago, a group of 50 start-up founders gathered in the dank basement of a Lower East Side bar. They scribbled notes at long tables, sipping coffee and LaCroix while a stack of pizza boxes emanated the odor of hot garlic.

I'm a handful of pebbles and a sister away from projectile vomiting

I think I'm starting to come around on Latinx. It makes it really easy to identify retards.

The only point you'll ever have is that you represent the sad, fedora-wearing, bloated face of capitalism in the 21st century.

Unfairly made famous and rich through copied ideas and appealing to kids. And yet is driven by some bizarre need for attention to spout insane, teenage edge lord style views. You are clearly not all that up on politics (or anything, maybe you can code?) yet your wealth has given you an oversized platform of confused 12 to 16 year olds to yell "sjwjjwjwj" at over and over again.

Honestly, I don't give a shit if you've been driven mad by fame or some bullshit. When I see amazing creative people dying depressed in poverty every day and you get to sit on twitter and make half assed 'now yur the nazi' comments, it's fucking sickening.

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You dumb fucks have spun so much, you've ended up inside your own butthole.

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While I can relate to sentiment in the article, I think its important to keep in mind that unless you plan to run a 'lifestyle business' - nothing wrong with that either - and instead try to build a growth business you will under most circumstances need capital injections to scale your operation. And with capital injections, most of us will have finite number of financing instruments / sources available. And from this pool of 0..n we should then should choose the one that makes most sense given our needs and state of the company (and goals). But I'd like to caution against casually writing off traditional VCs. Anecdotally - good restaurants can go bad, and bad restaurants may become good, and even the good ones can have bad days and you may get lucky with a bad one.

HN thread: https://news.ycombinator.com/item?id=1888341

And here’s a Getty Images stock photo of some women who theoretically have a startup.

There is a discussion on Hacker News, but feel free to comment here as well.