3 ms·
Meanwhile, lots of startups crash and burn raising multiples of the annual budget of SOFIA in just a single round. Says something about priorities. Even though
by rexreed 4y ago
Meanwhile, lots of startups crash and burn raising multiples of the annual budget of SOFIA in just a single round. Says something about priorities. Even though there's low cost/benefit on SOFIA, surely, pumping $600M into a single round for a startup that ends up laying off thousands of workers has even lower cost / benefit? Imagine, instead of one round into Unicorn-Here-Today-Gone-Tomorrow, you could fund SOFIA for 7 years.