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by tomkarlo 5554 days ago
If you've raised $50M from VCs, who probably expect you to be worth $1bn (so that their stake can be worth $500M or more) you don't really have a choice. Unfortunately, as a company doing 40M in revenue, that probably means they have to grow at least 10x-15x.

The non-financial issue is that if you hire great people and want to keep them, you usually need growth so that their responsibility and comp keep growing. Otherwise, they're going to have to grow by moving on to other companies with jobs that offer more responsibility / opportunity.