3 ms·
From what I can tell, the appropriate time to take VC funding is precisely at the exponential growth curve when there is not enough revenue to serve the high ra
by mrangle 3y ago
From what I can tell, the appropriate time to take VC funding is precisely at the exponential growth curve when there is not enough revenue to serve the high rate of new business.
Not coincidentally, this may be when VC money is most interested in the business. Peter Thiel quipped that he knew that Facebook was a good investment because what they needed the cash for was more computers. To use an exceptional case to make a point that is broadly applicable.
For the rare small businesses that ever get to this juncture, what I also notice is that an acquisition tends to come soon after.