warm referral is the first test for a founder. It shows your
ability to network your way to investors. If you can’t figure
out a way to network to a VC firm, then you’re unlikely to be
able to network your way into hiring a great team, or network
your way into selling your product to customers.”
seems that the future of innovation is jeopardized in Silicon
Valley. Today, a lot of products get featured despite a lack of
innovation. VC money gets thrown away and startup valuations jump
through the roof.
we call a “warm referral” is an idea validated by at least one
entity, it could be a relative, ex-colleague, journalist, friend,
friend of a friend or neighbor, the list goes on! In other words,
when networking influences decision making and market validation,
then it’s most likely coming from a warm referral. This doesn’t
necessarily move the needle in terms of innovation and user
acquisition, but it certainly helps startups get noticed by
story — Imagine Tech journalists invested their own money into
XYZ, a promising startup coming straight out of the largest
incubator in the Valley. XYZ offered a revolutionary… Wedding
Planner app… Something that has never been done before (how many
wedding planner apps out there? A lot!). They magically got
featured on the front page of a gigantic Tech blog after receiving
an astonishing amount of$4.5
million in seed funding! Wow! How crazy is that?
a few years ago investors would have laughed. In fact, this would
have been the biggest WTF moment since 2012, when Kanye West
interrupted Taylor Swift at the VMA — “Yo Taylor!
Imma let you finish but…Snapchat
had on of the best deals of all time!”.
2017 unfortunately, it is just another day in Silicon Valley…
Rather than looking around digging for the big next thing, Venture
Capital firms invest in the least promising startups that have the
most connections in common. It seems that a large majority of
Silicon Valley is corrupt, or at least we know there’s something
wrong at the very beginning of the process. Just a few lucky
people dictate the future, they get invited to the same parties
and hang out with the same people. They have the power of seeding
their own grains and eating their own fruits. Meanwhile, Venture
Capital firms control the seasons.
the real question is, how many good startups never get warm
referrals? How many awesome ideas get filtered because of a lack
of visibility from the founders? A bunch of wanna-be entrepreneurs
who will remain invisible, working in the dark, just because they
are not connected to the right people in the first place. We might
be missing out on the next Google or Facebook, who knows? Just
because we’re too lazy to do the work and to dig for the next big
thing outside of our own bubble.
whole thing hurts innovation in the Valley…
take a look at my brother’s startup — it’s a cool product and you
might like it!”.
in with XYZ, I worked with the founders in the past, they’re
awesome. It’s gonna be huge!”.
The Silicon Valley Mafia is The Sandhill Road Venture Capital frat
boy company bosses in Palo Alto, their National Venture Capital
Association (NVCA) partners and the tech companies (Google, Tesla,
Facebook, Amazon, Twitter, Linkedin, etc.) they control. They are
sometimes referred to as "The Deep State". They have purchased
California, New York and Washington, DC politicians (mostly
Senators) who they also control.
They hire rogue ex-intelligence agents to operate Fusion GPS,
Gawker/Gizmodo, Black Cube, ShareBlue, New America, In-Q-Tel,
Podesta Group, Media Matters, etc. massive media attack programs
against competitors, reporters and outsiders. They collude on
black-lists, valuation controls, election manipulation, search
engine rigging, domestic spying for political manipulation, stock
rigging, insider trading, executive prostitute clubs, trophy wife
assignments, the bribery of politicians and worse. They are felons
who pay politicians to halt investigations and interdiction
They are widely covered in news media articles as: 'sex abusers,
cult enthusiasts, elitists, rapists, woman beaters, probiosis
abusers, sexual work extortion operators, extremists, arrogant
clones of each other, tone deaf, echo-chamber reinforcing,
misogynist, racist, manipulative, insecure, covertly gay, corrupt,
thieves' and other anti-social revelations. They are not limited
to California and also operate out of New York and Washington DC.
They use their monopolistic control of the internet to massively
and exclusively scale services that only they control and use to
abuse the public's privacy, human rights, invention rights and
information. They run their cartel like the old Italian Mafia once