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by siruncledrew 2721 days ago
> Most people in the tech industry are brainwashed by Silicon Valley group think. These people believe that every business must have a billion dollar opportunity.

From past experience, part of the "brainwashing" is because the major VC firms have way less interest in pursuing ventures that net them less potential money. The VCs are out to make the best return possible for the members of their fund, and 5% of $1B is way more savory than 5% of $100M. Trying to get past a Seed or Series A with a market cap <$1B sucks when trying to get funding from VC firms.