This post ticked me off. There isn't one single point that I am fuming over. But it's just everything.
Maybe it's that Kalaari Capital (an early stage VC) believes that you should just do it.
Use 15-20L of your own funds,
Use a few months of your life.
Deploy an MVP,
get 500 Users.
And then approach a VC. With a market-validated idea, so they can invest in it.
Or that, the person does not realise, even if the cost of building has gone down. The cost of distribution has gone up. Exponentially. Earlier you could list on any app-store and get actual organic installs. Now it's just does not happen.
It's not even that, I disagree with the idea that starting up is easier. It is. A few weeks, unlimited tokens & compute and a lot of hustle will get you to validation for your idea.
But that is a conclusion for Founders. Not for VCs.
What do I expect VCs to do? Double down on it.
Instead of funding 10 revenue making startups, each for million dollars.
Fund 1000 ideas, each for 10K dollars.
Back your own Thesis.
But will that happen? No
The world has changed. For everyone else. But not for people with money.