Great to see a VC being honest about the business. Richard should have never agreeded to the $200m deal with ad spending strings but I'm sure deals like this ha

Great to see a VC being honest about the business. Richard should have never agreeded to the $200m deal with ad spending strings but I'm sure deals like this happen all the time. The pressure on an entrepreneur in such situations must be immense. I imagine others with much more experience giving advice but with their own motivations in mind. I could easily see founders such as Richard making decisions in the moment which are obviously bad looking back.