3 ms·
don't ignore the lack business acumen of some VCs.
by elmar 9y ago
don't ignore the lack business acumen of some VCs.
- sgroppino 9y agoMostly because they just look at number of users and hope someone will buy the company at a users multiplier valuation and nothing else?
- elmar 9y agoheadcount is a relevant metric to justify higher valuation when you are unsophisticated investor that probably never built a Tech-Startup yourself. "the guys I invested in are killing it they just doubled the headcount" VC pitching LP's for new fund.