[michaelbuckbee]

To make a bad baseball analogy: VC is like trying to step up to bat, swinging at every pitch and only considering it a success if you hit a grand slam homerun.

If they'd taken less money, maybe they could have gone after a smaller (but more profitable) niche. Maybe they wouldn't have aggressively hired sales teams in as many countries across the globe.

Look at something like the VR/AR space - right now there's a firm upper limit to the number of potential buyers in that space. So, you have this whole sector where things got overfunded and _weird_.

Like what do you do when you've got $100mil in funding. VCs are expecting a Billion dollar exit. You've made a great product, but the timing is still too soon? That the whole industry needs 5 more years to mature?