3 ms·
USV invests in early stage companies. They don't really have incentive for those companies to need late stage capital, which will dilute USV and/or cost them mo
by awwstn 7y ago
USV invests in early stage companies. They don't really have incentive for those companies to need late stage capital, which will dilute USV and/or cost them money to maintain their position.
If this post said "Burn as much as you can, you can always raise more" you'd undoubtedly have had an even more negative take on it. So is your position just that VCs who have backed wildly successful businesses can't offer any useful advice on how to build a wildly successful business?
- dsalso 7y agoLate stage capital could mean an exit or at least some cashing out.