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> Do you expect every startup to run their own little hedge fund to manage their cash? Don’t startups already follow the standard model of whatever the VCs say
by klabb3 4y ago
> Do you expect every startup to run their own little hedge fund to manage their cash?
Don’t startups already follow the standard model of whatever the VCs say is the right way to do it? As in—there’s a tremendous amount of cargo culting, no? Or perhaps that the banks specifically require an exclusive deal. In either case, not an unsolvable problem.
- americafun 4y agoofc. VC just tells the startup exactly what to do. It's funny how all these techies cant apply their own best development principles (e.g use sensible defaults) to real life. IYI