DEV Community

John Rush
John Rush

Posted on

The Unfair Game - When VC Funding Turns into an Evil Empire

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.

rich

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.

shocked

When I was backed by VCs myself it didn't seem so different. They put 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!

hm

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.

moneybags

Now don’t get me wrong here;
I’m not saying wealth distribution should look like one big pizza everyone gets an equal slice from – 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; its business pure and simple.

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

cicle

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 brave project 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 waitlist & magically accumulating upvotes despite having negligible site traffic or social media presence plus zero evidence of any real product launch dates!!

money

And yes before anyone asks – God’s will apparently doesn’t extend itself towards 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 follow me @johnrushx unless you want bad karma waiting outside your door tomorrow morning 😉 Don't say nobody warned ya!!

--

Top comments (1)

Collapse
 
jmfayard profile image
Jean-Michel 🕵🏻‍♂️ Fayard

I'm critical of the VC mantra of growth at all costs, which destroyed many projects that were nice at their own scale but didn't go "TO THE MOON" with Elon Musk.

Thanks for your critique, because it's always helpful and courageous when it comes from the inside.

Going to producthunt right now