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You can't always depend on market irrationality, though. VC firms became quite frantic during the market meltdown of 2008-2009. If a startup was burning cash,
by tanzam75 14y ago
You can't always depend on market irrationality, though.
VC firms became quite frantic during the market meltdown of 2008-2009. If a startup was burning cash, they told them to fire most of their staff. There was simply no exit possible -- either via IPO, or a sale to a larger company.