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you have to be careful listening to those guys because they are all VCs who can benefit greatly from pushing the narrative of companies needing to cut costs
by nfRfqX5n 4y ago
you have to be careful listening to those guys because they are all VCs who can benefit greatly from pushing the narrative of companies needing to cut costs
- infamouscow 4y agoThis is analogous to being suspicious of a "drink water and stay hydrated in hot weather" sign next to someone selling water bottles on the street. VCs and investors are not charities, they want to turn a profit on their investment. You only make a profit if the founder(s) succeed. Cutting costs increases the probability of success by giving a longer runway.
- biohax2015 4y agoThe point is that they are not impartial judges of the situation.
- infamouscow 4y agoI understood the point, but to argue the motive in this case doesn't even make sense. If you're on the board of directors, there are much easier ways to get founders to cut costs than talking about it on a weekly podcast.