That one founder who kept "pivoting" every month drove me nuts

I met this guy at a coworking space in Austin about two years ago. He was working on a B2B sales tool, and every time I saw him he had a totally different pitch deck. One month it was for logistics, next month it was for healthcare, then it was for restaurants. He told me straight up that he just followed whatever VC trend was hot that quarter. I asked him if he actually talked to any customers before switching, and he said he didn't have time for that. Last I heard he burned through his seed money in 8 months and nothing shipped. Has anyone else run into founders who treat their business model like a seasonal wardrobe?

2 comments

2 Comments

tyler17612d ago

Treating VC money like it's Monopoly cash never ends well.

the_charles12d ago

Remember when everyone was chasing crypto and NFT projects with borrowed money? Same thing happens in regular life too, people max out credit cards trying to look successful instead of actually building something solid.