The VC systems seems to be all or nothing. You race to dominate / found a market so fast that you fail fast... but likely fail. I've seen some VC funded orgs

The VC systems seems to be all or nothing. You race to dominate / found a market so fast that you fail fast... but likely fail. I've seen some VC funded orgs enter into the space where I have some visibility. The pattern of quickly eat up customers (or ... claiming to), and then fail. It always seems like leadership blowing through cash on a sort of "ignorant leadership learns about how the industry works" adventure. All while building up such a hugely resource intensive org with what is now a larger than needed / complex and unproven team ... VC successes always seem to be in "new" spaces where their inefficiency is not noticeable, but also you've no idea the lay of the land in that new space / if someone can walk in with less money and oust you, or if it is profitable at all.