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>VCs these days are very focused on the "SaaS Quick Ratio" VCs are focused on whatever metric reels in the next layer of suckers. GAAP exists for a reason.
by navigatesol 7y ago
>VCs these days are very focused on the "SaaS Quick Ratio"
VCs are focused on whatever metric reels in the next layer of suckers. GAAP exists for a reason.
- hn_throwaway_99 7y agoExcept that VCs themselves are highly focused on SaaS Quick Ratio to decide where to invest their own capital. That's quite different than coming up with some vanity metric to hoist a loser onto the public.