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Related to your point about your ideal sort of business, I enjoyed reading Rand Fishkin's reflections on his experience with Moz. On raising money[1]: > As a r
by __derek__ 10y ago
Related to your point about your ideal sort of business, I enjoyed reading Rand Fishkin's reflections on his experience with Moz. On raising money[1]:
> As a result, the behavior VCs generally need to encourage is growth at any cost. If a company burns out trying to become that 100X star in the portfolio, it’s OK. But if they choose to grow slow and steady and build a sustainable but not particularly dominant business over 10–15 years, that’s non-ideal for the portfolio or the fund’s returns.
[1]: https://medium.com/@randfish/what-id-change-keep-the-same-don-t-yet-know-c56953979e24#51a1 https://medium.com/@randfish/what-id-change-keep-the-same-do...