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"You're acting like PG is sitting on something profound here" I'm really not. You and others are acting is if he said something far more grandiose and potentia
by tomhoward 5y ago
"You're acting like PG is sitting on something profound here"
I'm really not. You and others are acting is if he said something far more grandiose and potentially influential than he did.
He's just saying he focuses on teams and products when investing in super early stage companies. Finances matter only to the extent that the company can survive long enough to become sustainable. It's only then that GAAP accounting matters.
It's really not that big a deal. Seriously, which competent startup founder is going to make a decision to "never" take care of balance sheets for their entire company-operating career based solely on this tweet?