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Having a great exit is the golden dream for VCs. But having founders that raise lots of money also have a value in itself even if the business fails in the lon
by elzbardico 7mo ago
Having a great exit is the golden dream for VCs.
But having founders that raise lots of money also have a value in itself even if the business fails in the long run.
- game_the0ry 7mo agoBut you also have to build a business with the money you raise, or else you kill your reputation along the way.
- elzbardico 7mo agoAs the founder, yes. For the VCs there's not a lot of consequences by having hyped things like Theranos or WeWork.
- game_the0ry 7mo agoI guess I would make a terrible VC, bc my money and reputation would matter to me.