If that worked, why would anyone give up their business to VCs ever? Having VCs is not a fun place to be. It is a horrible situation to find yourself in (unless you are the VC, I suppose).
There was a time where you could rely on word-of-mouth, but those days are behind us. Everyone and their brother is vying for word-of-mouth attention nowadays. The noise is too great. It takes vast resources to emit a usable signal.
If that worked, why would anyone give up their business to VCs ever? Having VCs is not a fun place to be. It is a horrible situation to find yourself in (unless you are the VC, I suppose).
There was a time where you could rely on word-of-mouth, but those days are behind us. Everyone and their brother is vying for word-of-mouth attention nowadays. The noise is too great. It takes vast resources to emit a usable signal.