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I wonder if "VC funding" lives in a space between old-style business development and hierarchy, vs. new-style revenue expectations. We get middle-heavy startups
by rhizome 5y ago
I wonder if "VC funding" lives in a space between old-style business development and hierarchy, vs. new-style revenue expectations. We get middle-heavy startups (backbiting optional) trying to cover zillion dollar AWS bills by perpetually pretending they're on the verge of a Google-up. This is why they need $50MM rather than 1/10th that.