When did the transition occur from success and profit mattering to $$ raised being the most important metric? So many startups today brag about $ raised before they even mention what they do. Is this really the new norm?
Interesting, my sense was we just completed the opposite transition over the last 24 months. A couple years ago it was all about being a unicorn (ie. fundraising) and now it's all about revenue. I guess these things are cyclical though.