Re:IBM Completes Acquisition of HashiCorp
by jmclnx on Friday February 28, 2025 @08:46AM
(#43205500)
Yes the rules have changed, seems the idea is to get big fast increasing revenue without regard to profits, and eventually have a great IPO, then one of the following:
1. hope you can sucker someone into buying the company
2. keep the VC $ flowing and continue growing, then loop to # 1
3. worse case, need to start making a profit and hope you can survive until # 1. If #1 does not happen, pray(?).
During this time, the founders are pulling in a great salary.
1. hope you can sucker someone into buying the company
2. keep the VC $ flowing and continue growing, then loop to # 1
3. worse case, need to start making a profit and hope you can survive until # 1. If #1 does not happen, pray(?).
During this time, the founders are pulling in a great salary.