The problem with that approach is that VC valuations are almost entirely predicated upon hype and future performance, way more so than the public markets. So mo

The problem with that approach is that VC valuations are almost entirely predicated upon hype and future performance, way more so than the public markets. So more VC funding = higher valuations that the Unicorn then needs to meet in the public markets. If they can't match private valuations, alot of people get wiped out; first and foremost the employees and founders. So it's like a game of brinkmanship until something breaks.