In the last three years, we witnessed the emergence of wealth thrown at the Venture Capital market.
On the positive side, people could get funded on ideas.
Everyone was raising and splurging.
There were multiple occurrences where potential hires would tell us to our face that we could not compete with other offers.
It was extremely challenging to retain and hire.
We sailed through the valley of death.
We at taghash sell our product to VCs.
Every other sales demo would end up with our potential customers offering us money for growth.
In all instances, we had to deny it.
I have been part of the hype cycle in the cloud computing era.
Some people made enough money in those two years to retire for life.
Our greed and FOMO have always turned a noble cause into a fake show. Many friends who raised or enjoyed the cycle are in pain. Some speak offline about the stress because of THAT lifestyle and the debt. I feel sad seeing all this.
It’s like history repeating itself every decade. We are not learning from the past.