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Refreshing to see the kamikaze growth style encouraged by VC slowly unraveling. We make $1 for every $0 we spend is far better than $1 for every $2 spent anyda
by brilliantcode 10y ago
Refreshing to see the kamikaze growth style encouraged by VC slowly unraveling.
We make $1 for every $0 we spend is far better than $1 for every $2 spent anyday.
There's nothing financially secure about being in the pockets of someone who wants you to grow at zero net profit rate.
I just can't fathom Founders who think that somehow they are in the clear because they are now making 7 digit revenues but negative net profit.
Pocketing your annual salary month to month, now that's FU money. You get to keep it and no underperforming VC breathing down your neck to blow up in order to make up the losses generated by the remaining 299 variants of Uber, AirBNB, Tinder and Ethereum.