PG et all are only human. There are tons of businesses that don't fit their mold or that they won't be able to divine the greatness of, in advance. Not to mention that the sheer size of the applicants pool guarantees they will turn down good ideas and good teams.
Looking over their past companies, it seems revenue-focused businesses are less favored in their mix than one might expect, so perhaps there is less of a leaning toward that criteria than one might expect in their evaluation.
One question you don't see in their application is "do you have revenue or paying customers?"
I am sad for applicants who are able to, but don't, start something because they didn't get "validation" by way of a PG nod, but those are the people who, if I were PG, I would least want to fund.
So I guess what I'm saying is, don't take the lack of acceptance personally, like I did. :-)
Looking over their past companies, it seems revenue-focused businesses are less favored in their mix than one might expect, so perhaps there is less of a leaning toward that criteria than one might expect in their evaluation. One question you don't see in their application is "do you have revenue or paying customers?"
I am sad for applicants who are able to, but don't, start something because they didn't get "validation" by way of a PG nod, but those are the people who, if I were PG, I would least want to fund.
So I guess what I'm saying is, don't take the lack of acceptance personally, like I did. :-)