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Re:Ilya Sutskever's SSI Inc raises $1B by doe_eyes on Wednesday September 04, 2024 @07:03PM (#41451776)
No, sometimes it's about an IPO. In which case, if we're being cynical, the exit is funded by your 401k.

But yeah, VCs generally aren't about building profitable companies, because there's more profit to be made - and sooner - if you bootstrap and sell.

Re:Ilya Sutskever's SSI Inc raises $1B by robocat on Thursday September 05, 2024 @12:56PM (#41458449)
Are you suggesting VCs "bootstrap" to IPO? Can you help me understand if bootstrsp is commonly used in the sense you are using?