4 ms·
First off, venture capital != investment banking. Secondly, if your goal in business is to extract what you can from foolish VCs and run, you're destroying man
by wonnage 15y ago
First off, venture capital != investment banking.
Secondly, if your goal in business is to extract what you can from foolish VCs and run, you're destroying many things. One is obviously investor value. But you're also destroying all the other startups that could've put the money to good use. In which case as a founder or director you're no better than these inside-trading Ponzi-scheming main-street-hating 1% banksters your lot loves to hate.
But hypocrisy is lost on the hypocrite...
- chopsueyar 15y agoI watch all my games on Broadcast.com and pay my local taxes with govWorks website.
- forensic 15y ago... So let me get this straight. You're arguing that, based on ethical considerations, entrepreneurs should go easy in negotiations with investors. And they should do this for ethical reasons. To help "investor value" and "other startups" And this ethical argument is important enough that it should be prominently displayed and argued by journalists. This is some kind of cosmic joke right? Charity is for poor people.