3 ms·
Right, but their huge VC debt will force them to _try_ to go up, or failure will force them down. What they can't now do, is what they should be doing - which
by dflock 8y ago
Right, but their huge VC debt will force them to _try_ to go up, or failure will force them down.
What they can't now do, is what they should be doing - which is staying where they are.
- idlewords 8y agoI think this is an area where we will violently agree. There is a 'dead zone' of profitable, small companies that could exist but don't because of the pathologies of VC funding.
- zanny 8y agoIts not dead, you just can't use VC funding to get there. There are still startups being funded by the pooled money of families / state grants / etc that can grow sustainably and so long as they can stay in the green answer to no one on future growth but themselves.