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Would you mind telling about your experience with that VC? What happened next? Did they end up funding you to continue working on the prototype?
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It was a casual call with one of their analysts iirc to get to know each other. He wanted to know why I didn't continue delphi.market. I told him the reason was mostly time (I was working here at the time) and regulatory concerns. I'm not sure if they would have funded me, but I wanted to spend my time fuzzing lightning as a FOSS contributor instead anyway. So one reason is time again, haha.
Are you pursuing a venture?
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I mainly asked because VCs have a certain reputation. Once other people give you money, they start steering your business and it’s not your business anymore.
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These are good questions. It’s good that you have a threat model. I’ve been there, and I came to the conclusion that trying to hide and never make a single mistake isn’t worth it if the state is your threat model. I tend not to underestimate the state. They can be very incompetent, but I think if the state really wants to find you, they will, unless you’re diligent 24/7. And I already have sleep problems.
So either what I’m doing isn’t worth their interest anyway, or I’d have to live a life I don’t want to live.
In my case, it helped in ways I wouldn’t have imagined. Two examples:
YMMV