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That statement assumes that private late stage investors aren't ruthless and don't scrutinize the companies they invest in ?
by vasilipupkin 10y ago
That statement assumes that private late stage investors aren't ruthless and don't scrutinize the companies they invest in ?
- toomuchtodo 10y agoMy assumption (based on the last few tech IPOs) is that late stage investors are putting lipstick on a pig and trying to get out the door before the music stops. https://mattermark.com/2015s-tech-ipos-performing-even-worse-thought/ https://mattermark.com/2015s-tech-ipos-performing-even-worse... And Steve Blank: > Steve Blank on the Tech Bubble: 'VCs Won't Admit They're in a Ponzi Scheme' http://www.inc.com/zoe-henry/steve-blank-tech-bubble-burst-ponzi-scheme.html http://www.inc.com/zoe-henry/steve-blank-tech-bubble-burst-p...