Re:Startups Rejecting Venture Capital
by mikepurvis on Friday January 11, 2019 @01:40PM
(#18885731)
Yeah, for sure. I'm in the fortunate position of having picked (and contributed to, of course) what I believe is a winner. Part of this strategy has to be a willingness to constantly reevaluate the leadership team, progress, and strategy of the organization, and get out fast if it's no longer looking good.
I can definitely picture that there'd be a high vulnerability to sunk-cost thinking.
I can definitely picture that there'd be a high vulnerability to sunk-cost thinking.