Re:Why Positive Cashflow Matters
by awwstn on Monday September 09, 2019 @06:39PM
(#20923266)
USV invests in early stage companies. They don't really have incentive for those companies to need late stage capital, which will dilute USV and/or cost them money to maintain their position.
If this post said "Burn as much as you can, you can always raise more" you'd undoubtedly have had an even more negative take on it. So is your position just that VCs who have backed wildly successful businesses can't offer any useful advice on how to build a wildly successful business?
If this post said "Burn as much as you can, you can always raise more" you'd undoubtedly have had an even more negative take on it. So is your position just that VCs who have backed wildly successful businesses can't offer any useful advice on how to build a wildly successful business?