3 ms·
I fully agree with you. I witnessed numerous small & stable companies that decided to go with the "startup" route and pick VC money because "that was the way".
by dig1 2y ago
I fully agree with you. I witnessed numerous small & stable companies that decided to go with the "startup" route and pick VC money because "that was the way". As soon as the first funding tranche arrived, once stable business suddenly became a hectic mess of hires and crazy projects, and, ultimately, they ended up with MBA managers installed by the VC board to salvage things as much as possible. Won't mention founders that usually go from very happy, loving persons to coke/alcohol/xanax junkies.