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> VCs only want profitable companies In the US at least this hasn't been true for a very long time. You only have to look at "YCombinator Top 100" to see multi
by troupo 3y ago
> VCs only want profitable companies
In the US at least this hasn't been true for a very long time. You only have to look at "YCombinator Top 100" to see multiple companies losing hundreds of millions and billions of dollars of investor money for years
- ActionHank 3y agoThere is nothing wrong with wanting to have a share in a profitable company, the full line that you quoted fills in the rest of the problem, they want to maximize the "value" so that they can exit. It's a pump and dump scheme with more steps.