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No, sometimes it's about an IPO. In which case, if we're being cynical, the exit is funded by your 401k. But yeah, VCs generally aren't about building profitab
by doe_eyes 2y ago
No, sometimes it's about an IPO. In which case, if we're being cynical, the exit is funded by your 401k.
But yeah, VCs generally aren't about building profitable companies, because there's more profit to be made - and sooner - if you bootstrap and sell.
- robocat 2y agoAre you suggesting VCs "bootstrap" to IPO? Can you help me understand if bootstrsp is commonly used in the sense you are using?