3 ms·

I don't understand the point you're trying to make here.

• nextaccountic 3y ago
  Failing a VC-funded startup is an expected outcome (statistically). What difference does it make whether the founder ended with nothing (the typical scenario) vs. a lifestyle business? VCs get nothing either way. VCs aren't screwed because they already accounted for the risk of failure. That's kind of their job.
  • HWR_14 3y ago
    Incentive alignment. Target smashes damaged goods instead of selling them at a discount so employees or customers don't purposefully cosmetically damage things they want to buy. If the failure state of a business is "the founder can buy it for pennies and try to make something of it", then why wouldn't all lifestyle businesses pitch themselves as VC-backed growth businesses and then use up all that money and settle as a lifestyle business?