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> VC's are not immune to irrationally stupid decisions VCs don’t care about expenses, they care about growth. Actually it’s worse than that, they actually want
by speedplane 7y ago
> VC's are not immune to irrationally stupid decisions
VCs don’t care about expenses, they care about growth. Actually it’s worse than that, they actually want high expenses (with accompanying growth), so the startup needs to come back to them and ask for more money.
The second a startup turns profitable and doesn’t need VC money is precisely when the VC stops making money.