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The Letts Journal
The Venture Capital Comedy Show: Why We're Still Building Startups Like It's 1999.
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The Venture Capital Comedy Show: Why We're Still Building Startups Like It's 1999.

Are VCs Building Tomorrow's Tech Companies With Yesterday's Tools?

Allegra Letts's avatar
Allegra Letts
Mar 05, 2025
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The Letts Journal
The Letts Journal
The Venture Capital Comedy Show: Why We're Still Building Startups Like It's 1999.
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So, our mothership, LettsGroup, recently dropped an analysis that basically asks: "Why are we still building startups like we're using dial-up internet and carrying Nokia bricks?"

The Death of the Old Ways
The Death of the Old Ways

Let's have a laugh at the absurdity of it all: 75% of venture-backed companies never return cash to investors. If airlines had a 75% crash rate, we'd a…

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