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VCs are happy to send a vast majority of their investments in search for billion-dollar company. There is no chance to get an agricultural startup to billion do
by jojobas 1y ago
VCs are happy to send a vast majority of their investments in search for billion-dollar company. There is no chance to get an agricultural startup to billion dollar valuation, agricultural innovations don't scale at a click of a button.
- 0xDEAFBEAD 1y agoI don't see any reason in principle why a $1B+ exit wouldn't be possible. This YCW18 ag company was acquired less than 3 years in by John Deere for $250M: https://techcrunch.com/2021/08/05/john-deere-buys-autonomous-tractor-startup-bear-flag-robotics/ https://techcrunch.com/2021/08/05/john-deere-buys-autonomous...
- jojobas 1y agoSurely this company was 80%+ software.