"Unfortunately, we've decided not to fund SwiftDemand. We were really impressed with the number of participants you have on the platform and the fact that people are doing transactions. However we struggled to convince ourselves that there was an underlying big business here. If this is going to be something that is economically meaningful to people to allow them to live on it, then it would be hard to for this to also be a billion dollar company and would probably be better suited to a non-profit."
The email shows two big misunderstandings in how SwiftDemand works. It's on me for not temporarily taking control of the interview once I realized the lens they were viewing SwiftDemand through.
"Unfortunately, we've decided not to fund SwiftDemand. We were really impressed with the number of participants you have on the platform and the fact that people are doing transactions. However we struggled to convince ourselves that there was an underlying big business here. If this is going to be something that is economically meaningful to people to allow them to live on it, then it would be hard to for this to also be a billion dollar company and would probably be better suited to a non-profit."
The email shows two big misunderstandings in how SwiftDemand works. It's on me for not temporarily taking control of the interview once I realized the lens they were viewing SwiftDemand through.