Post by HELLA Ventures

Brad Feld's latest is worth a read for anyone doing early-stage diligence. 📚 A founder built a production platform with paying customers using AI tools, and is now being told by engineers it "isn't possible" and by investors it isn't fundable. Feld's point: we've been here before. The Internet. SaaS. Mobile. The skeptics were wrong every time. For investors, the implication is real: code quality at the seed stage has never been the signal. Traction, domain insight, and the ability to attract the right technical talent to scale, those are the real hooks. Letting "how it was built" override "what it does and who uses it" is a diligence error, not a diligence discipline. 🗣️ Nothing new to see here, except the same mistake, wearing a new hat. #venturecapital #startups #corporateventurecapital 🔗 https://lnkd.in/gC6MCBUz