The “Past is Prologue” Objection

Giff Constable startups, venture capital

One of the most annoying things for an entrepreneur to hear, and one of the hardest things for a venture capitalist to navigate, is the “past is prologue” doubt. By that I mean: “your idea failed before, so why will it work this time around?” Given that most Web 2.0 ideas were conceptualized, attempted, and failed, during Web 1.0, this …