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VCs don't invest in a company to make it last forever. They want their 10x return as soon as humanly possible. So they push companies to grow as fast as possibl
by figassis 3y ago
VCs don't invest in a company to make it last forever. They want their 10x return as soon as humanly possible. So they push companies to grow as fast as possible and then exit (ie. sell to the next bag holders). Their strategy is not steady 2x dividends from successful companies, it is multiple companies exploding at different times so they have a steady stream of 10x money bags falling from the sky.