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I remember this and it made me think years later that if I were investing in a startup, I would prefer that after a certain threshold the founders would just ta
by motohagiography 4y ago
I remember this and it made me think years later that if I were investing in a startup, I would prefer that after a certain threshold the founders would just take the money and set it on fire on a beach (I already have my equity) and focus just on market fit with less room for mistakes instead of building an overly corporate organization that mainly fights over how to loot it. When you have real desire on your side, cash is a distraction. I don't know if this is what they meant by it, but that is what it meant to me years later.