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Sure- the happy case with VC is that companies raise and spend the money to make more. The reality case is that many companies struggle to do that, and will bur
by Finbarr 3y ago
Sure- the happy case with VC is that companies raise and spend the money to make more. The reality case is that many companies struggle to do that, and will burn a ton of money in the process, making the liquidation preference much more painful.
- paulddraper 3y agoThat's right. Raising money raises the stakes. It raises the ceiling but also the floor. Be careful of getting buried.