> Who profits most from cultivating this image? The startup founder or the VC?
I hate these kinds of arguments, as though there were some evil man looking to exploit people for his own gains.
As you know, startups are pass or fail (in 99% of situations). It is in the VC's best interest to put you into the pass category. If it were better to not work 100% on your startup 24/7 then it would also be in the VC's better interest to not recommend that to you. The VC doesnt somehow earn more money because you worked more on your startup. Furthermore, if doing that actually hurt your startup, the VC would be doing himself a disservice recommending it to you because it would mean that you would more likely fail and thus earn the VC nothing.
I hate these kinds of arguments, as though there were some evil man looking to exploit people for his own gains.
As you know, startups are pass or fail (in 99% of situations). It is in the VC's best interest to put you into the pass category. If it were better to not work 100% on your startup 24/7 then it would also be in the VC's better interest to not recommend that to you. The VC doesnt somehow earn more money because you worked more on your startup. Furthermore, if doing that actually hurt your startup, the VC would be doing himself a disservice recommending it to you because it would mean that you would more likely fail and thus earn the VC nothing.