4 ms·
It sounds like you guys/gals made sound decisions. I think there could be other harmful side-effects you aren't considering though. VCs like to superglue a ci
by dsugarman 11y ago
It sounds like you guys/gals made sound decisions. I think there could be other harmful side-effects you aren't considering though. VCs like to superglue a cinderblock to the gas pedal, speed up spending to get to billion dollars or bust. There is no paying dividends, no having a strong business that isn't a billion dollar business. Also when it is so easy to get a great valuation and limited dilution, it's hard to maintain that valuation after the markets turn. If you really are able to maintain control and not increase spending with the additional capital, then that's fantastic.