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I don't know, by the time you get to a series G, "show me the profits" is a fair demand that the capital markets should never not be making. Your post seems to
by beager 7y ago
I don't know, by the time you get to a series G, "show me the profits" is a fair demand that the capital markets should never not be making.
Your post seems to say "if you don't prop up WeWork, good luck raising money for your startup." I think it's a little disingenuous to project that guilt onto startups that are in reasonable early and growth stages. Every company has a viable plan for survival by that stage. And that plan is: show the market the profits.
WeWork coming back down to earth doesn't mean that suddenly we will see drastic tightening from seed-stage to growth-stage VC.
- mfoy_ 7y ago>Your post seems to say I think it clearly does not. It was descriptive, not prescriptive.