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I thought there was a VC funding crisis? How can they afford to hire so much?
by christkv 3y ago
I thought there was a VC funding crisis? How can they afford to hire so much?
- esjeon 3y agoI guess some may have leftover funds from the pandemic period.
- marginalia_nu 3y agoSometimes those tenured FAANG veterans have a bit of savings.
- hackernewds 3y agoAnd a willingness and ability to risk for these 10x moonshots
- antoniuschan99 3y agoAlso some of these startups could also already profitable and small instead of growing at all costs - in that case not vc funded
- esafak 3y agoThat's more of an issue for growth stage companies, not nascent startups.
- 908B64B197 3y agoWhere else should LPs invest their money?
- JohnFen 3y agoVenture capital is far from the only way to fund new ventures. The majority of new ventures are not VC funded.