You can. If your operation generates profit, but could grow faster by plunking the profit back into growth, the VC thing to do would be to demand you reinvest a

You can. If your operation generates profit, but could grow faster by plunking the profit back into growth, the VC thing to do would be to demand you reinvest all profit towards growth. But if your business is losing money and not growing, or if its unit margins are negative à la moviepass, then it doesn't make sense to stick around for a decade.