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So, the scenario goes something like this: you've been in business for a few years. You've got let's say 20 employees. And you're profitable! Barely! It looks l
by phil 14y ago
So, the scenario goes something like this: you've been in business for a few years. You've got let's say 20 employees. And you're profitable! Barely! It looks like with some hard work and a couple more years, you can get the company to about 2x the valuation at its last round. From there who knows.
You'd just fire everyone, walk away, and hope to hit bigger next time? Your investors are unlikely to agree that this is the best way to use your talents...