That's what every round of VC incentivizes: Here, take our money and spend it in 12-18 months, so you'll need to raise more money from next-round investors and

That's what every round of VC incentivizes: Here, take our money and spend it in 12-18 months, so you'll need to raise more money from next-round investors and we can mark-up the value of our stock to show to our LPs, so we can raise our next fund and collect more management fees....