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I can understand VCs wanting to get return on their investment asap but I can't being blind to the fact you can actually be hurting prospects of the business yo
by lmilcin 5y ago
I can understand VCs wanting to get return on their investment asap but I can't being blind to the fact you can actually be hurting prospects of the business you are trying to profit from.
From a founder perspective I guess it would be important to skip investors that are not compatible with your vision. I understand it easier to say when you are not actually looking for money to keep your business alive...
- jjeaff 5y agoIt's not just getting a return on investment. They also want to pressure you into a position that will require you to come back to them for money. Each new round of fundraising is a chance for them to significantly increase their ownership in the company. They must get you to spend money just a bit faster than you are making it, or else you won't need then anymore after the early rounds.