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Great contra-article on VC

A nice article by Melanie;

A little anecdote: I have a friend of mine who runs a relatively well-known startup in NYC. He literally LIVES at the office. I’m serious, he moved in. And before that, he slept on the couch most nights. And, after working this hard for almost 2 years, guess how much revenue this startup is generating? Zero. Not a fucking penny. After 2 years of work! Now, I understand that they are trying to build a massive user base with network effects, blah blah blah, but, I’m sorry, that is absolutely fucking insane. I could never see myself living my life that way. I am just not built for it. To put in that many years of your life, and thousands of hours of work, for what will most likely turn out to be an unsuccessful startup, is just crazy to me. But, from reading the tech press, you would think this is one of the hottest startups in New York!

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