4 ms·
That can often be a big issue once you take VC money, suddenly successful isn’t enough anymore, you need to reach insanely successful levels.
by nolok 7y ago
That can often be a big issue once you take VC money, suddenly successful isn’t enough anymore, you need to reach insanely successful levels.
- Angostura 7y agoMy only experience of VC money was during the dot-com bust. Worked at a pretty successful start-up that was good at what it did and was growing organically slowly but nicely. VC money came in and suddenly the CEO was obsessed with hiring people - to show huge amounts of growth. I was sitting there saying "with a little bit of thought we can automate this stuff, go down the pub and watch the money roll in". It lasted about 2 years until everyone lost their jobs and everyone (VCs included) lost their noney.
- quaquaqua1 7y agoBut clearly the money guys know best, because they would never act irrationally! /s