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I suspect the OP misunderstands successful startups must scale when they have buzz or else they lose the ability to hustle and hack together more product. A st
by sacnoradhq 4y ago
I suspect the OP misunderstands successful startups must scale when they have buzz or else they lose the ability to hustle and hack together more product.
A startup's goal is a special kind of scalable business designed to burn a reasonable (per risk) amount of cash (by billionaire standards) to experiment (in series rounds) if the business can blow-up into something big with a giant exit. There is a metric crapton^9 amount of cash held by the top, but nowhere "safe" to put it because VC is itself a "lifestyle" business, e.g., there's little way to efficiently scale relationship-building, due-diligence (which is often excessive and pointless), and oversight. :)