Perception

One truth we all eventually have to face as we become fully formed adults (“grown-ups”) is that being right doesn’t matter. The only thing that really matters is appearances, being in the right place at the right time, and your connections. This is an idea that has been floating around in my head for a while, and I’ve been trying to figure out how to describe it. To do so, I can only think in terms of storytelling so that’s what I’ll do.

One of the hard truths in startups, especially VC funded startups, is that perception matters more than reality. Many people are able to raise vast amounts of money at high valuations on little more than excitement about the prospect of a viable business some time in the future.