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The biggest obstacle I see to using VC money is that it has a good opportunity to distort incentives. If a company has a vision fulfilling every request outsid
by detourdog 3y ago
The biggest obstacle I see to using VC money is that it has a good opportunity to distort incentives.
If a company has a vision fulfilling every request outside of the vision could be considered a distraction. The VC has legitimate concerns outside of the scope of the company vision.
Apple is one of the few modern companies that I can think of where the VC money was useful.
If anyone can remember google before going public and after going public might mourn the old google.
Imagine if google wasn't romanced by Wall Street but followed their own path like craigslist.org. I believe that google would have been much more collaborative. I can't see where going public helped google be good at internet search.
- disgruntledphd2 3y agoYeah I remember discussing this with friends back in 2004 and concluding that Don't be Evil was dead. Took a little longer than I expected but they got there in the end.