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by borski 2631 days ago
Actually every VC I’ve spoken to freely admits this. It’s “grow big, fast, or try again later”

That’s why it’s a horrendous idea to take VC funding if you’re not looking to spend it fast, and take huge risks. If you want to be capital efficient, do that, then raise when you know you can spend the money and the ROI is “guaranteed” (meaning you have a successful sales and execution engine), because then you can do it on your terms.

Otherwise, you raise, lose control, and are beholden to VCs for your next dollar. Good luck with that negotiation; they have the leverage.

Profit and revenue gives startups leverage, in nearly every way.