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This is a great opportunity for Bessemer, and the other investors, to demonstrate that it isn't returns above all. Updated to include my tweet: https://twitte
by relaunched 8y ago
This is a great opportunity for Bessemer, and the other investors, to demonstrate that it isn't returns above all.
Updated to include my tweet:
https://twitter.com/MattHurewitz/status/1120356791932604421?s=09 https://twitter.com/MattHurewitz/status/1120356791932604421?...
- azinman2 8y agoWhat else is it for a VC? Isn’t that literally their purpose?
- relaunched 8y agoEvery business has an obligation to make money. However, the VC game has been filled with a win at all cost mentality that has led to the downfall of many companies - as well as evidence that the companies themselves are not prepare to become public (they aren't worthy of the public trust). One could argue that the market is okay with these types of things. But, we talk about doing the right thing. And if it's not just lip service, this could be a great opportunity to prove it.
- Gabriel_Martin 8y agolumbering forward blindly without responding to the red flags a company throws up is not profitable.