Re:Weaveworks Is Shutting Down
by goalonetwo on Monday February 05, 2024 @07:09PM
(#39269004)
we all know that once you get 36 Million$ of investment, you cannot "just" run a 50 people startup that will have a stable valuation of maybe 100m$.
Once you take big investment it comes with the expectation you will get to 500m$ at least. VCs don't want to 2x their money. They want a small chance of 20x.
Once you take big investment it comes with the expectation you will get to 500m$ at least. VCs don't want to 2x their money. They want a small chance of 20x.