Re:On Becoming a VP of Engineering
by marcinzm on Friday July 14, 2023 @09:33AM
(#36723785)
If your goal is to make a lot of money (not just some money) then using VC money to get there is a very reasonable play. Just siphoning some money from later rounds could give you tens of millions. You don't even need to succeed after that as a business. The goal for many founders isn't to run a long term business but to make money.
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> You don't even need to succeed after that as a business. The goal for many founders isn't to run a long term business but to make money.
Getting a big exit is my goal as a founder. Investor capital is spent to get to that exit. People who have the goal of making money off investors make self-enriching, bad for the company decisions.