Saying "you should shut down" while also saying "I will not pressure you to shut down" becomes meaningless. Saying this as a founder who has been through this exact story.
Also agree that you do not need to pivot, particularly if it is something far less ambitious and you just wanna make it work. You should not invest just for the sake of the team however it is also not right investing for the sake of the idea or hypothesis.
The most optimal way to invest in seed stage is simply the market.
If the startup pivots, it will likely be in the same market. Bad teams can be successful with good markets but the opposite is not true.
Saying "you should shut down" while also saying "I will not pressure you to shut down" becomes meaningless. Saying this as a founder who has been through this exact story.
Also agree that you do not need to pivot, particularly if it is something far less ambitious and you just wanna make it work. You should not invest just for the sake of the team however it is also not right investing for the sake of the idea or hypothesis.
The most optimal way to invest in seed stage is simply the market.
If the startup pivots, it will likely be in the same market. Bad teams can be successful with good markets but the opposite is not true.
1. i can have an opinion without applying overt pressure
2. it's not team. it's idea. it's not market. it's all of it! you need EVERYTHING to be right
good take. starting a company is just business, not a hero on a quest to save the world. our narratives have run amok.