Now is a Great Time to be Unfundable

Now is a Great Time to be Unfundable:

Bryce Roberts, venture capitalist:

Wherever the 'no' comes from I think its refining. I believe it makes you confront painful realities that exist in your business….

I fear that, in this market, people are pouring rocketfuel into cardboard cutouts and no one is telling them. I strongly believe living through 'unfundable' periods is important for long term success. Consider it a badge of honor that most people think your idea won't work. I'm certain that if you look at every single one of the entrepreneurs who've gone on to build big, enduring businesses they were unfundable once too.