3 ms·
I completely agree, but this isn't just a VC problem. The entire current economic system incentivises this.
by cgrealy 5y ago
I completely agree, but this isn't just a VC problem. The entire current economic system incentivises this.
- hedora 5y agoYeah. They also could have IPOed, but either way the fundamental issue is that people looking for long term investments are willing to pay 10x forward earnings. How do you compete with that without getting employees to make major personal sacrifices?