VC: A Financial Life Line? Or Mental Health Curse?
Apr 30, 2024Founder burnout is a significant risk to early stage investments. Despite this, 76% of Founders who spoke
to Sifted.eu report their VCs have negatively impacted their mental health.
Survey respondents also cited added pressure, blame culture and bullying behaviour by Venture Capitalists as contributing factors.
Why it Matters
Remember, your health and family should always be your priority. Founder burnout leads to a lack of focus and vision, which is be detrimental to the business - and your health. Founders are building for the long term - while VC's bet on several "horses" because they know 99% will fail, yet the "power law" means they only need ONE.
Your Next Step
If you're considering angel investment or VC, carefully evaluate if it's necessary or if there are better alternatives like increasing revenue, grants or loans.
If you're not sure about investment, start smart and seek help and advice. Communities like Inspiration Space provide help to grow, promote sustainable business practices and prioritise founder wellbeing.
Mental Fitness has been proven to improve resilience, confidence and decision making.
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