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by mahmoudimus
2560 days ago
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If you're taking money from investors and you're interested in being profitable, then you're going to sacrifice growth for the sake of profitability: - Let's not hire for this idea because it eats into our burn
- Hmm, let's hold off on launching this feature until we have more data
Investment $ means taking risks (within reason) to maximize shareholder value.If the company you worked for was profitable, then they could've structured a leveraged debt payoff to the investors to get them off the cap-table. Unless the company took so much money that the investors owned 60%+ and they unanimously do not agree about being profitable, then this is something that can be passed as a board resolution. It sounds like the founders at your company were just inexperienced. |
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