Co-dependents

Very interesting list of lies posted by Guy Kawasaki. Some of them are just the little lies of everyday life, other are the lies of marketers (and yes, as Seth Goding puts it All Marketers Are Liars - great book by the way) and a last group is made of the lies of venture capitalists. In fact when describing lie number 3 ("you need us more than we need you"), Kawasaki is telling a big truth: the relationship between venture capitalists and entrepreneurs who choose to develop their company the Silicon Valley way is one of codependency.

Not a transactional business relationship. Codependency. Perhaps the worst type of relationship between human beings; and that may actually be the reason why so many deals look so bad when one analyzes them from a neutral position. That may also be the reason why we keep hearing some pretty amazing horse-shit these days about how business models don't matter and how venture investors are principally interested in features. That's a huge lie and a dangerous replay of the theories that drove the crazy years 1997 - 2000 (profits are not really important - each customer is worth 7000 $ - cost of acquisition of a customer is 250 $...)