Simon W 🙄 🆙 ⚛️ 🇬🇧 🇺🇸 on Nostr: npub1xzmt2…0eykm so true - I worked at a VC funded startup and they let it go for ...
npub1xzmt2d95f7watzyqktl982d7jfe5ptktusv4j20csz8nxxgmhq6q30eykm (npub1xzm…eykm) so true - I worked at a VC funded startup and they let it go for two years with no interest in us making revenue. I was told by the founder this was common and gives VCs more leverage later. If you've created something good then you'll need more money to stay in business and they get more equity for continued funding because you're desperate. And if you're mediocre you're never going to be a great exit so they cut their losses and move on.
Published at
2024-10-25 07:06:48Event JSON
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