3 ms·
There is a weird bias where VC doesn't seem to care much about market defensibility and unit economics. Growth is good, but companies without solid unit economi
by tschellenbach 3y ago
There is a weird bias where VC doesn't seem to care much about market defensibility and unit economics. Growth is good, but companies without solid unit economics or poor defensibility can get to 100m in revenue and still not be worth anything.