[frans]

VC's invest in 30 companies to find 1 unicorn on average. The profit on that one justifies the investment in the 29 others.

Problem is that no one knows which one is going to be the hit in the pack of 30. So VC's push all ceo's to grow as fast as possible to find out as soon as possible who will succeed/fail.

Great for the VC, too bad for the 29 unlucky ones.

Never be the agenda of someone else, be your own agenda.

I never understand why so few people see this.

[truted2]

Since the money has already been invested they probably don’t care who succeeds/fails but they want the unicorn to give returns ASAP so they can be spent before they die.

[frans]

You are probably right, but when the money first arrives in the bank you need to 'spend' it asap and may take decisions that are not in the best interest of the company (e.g. hiring to fast, spending a ton in marketing before the product is finished,...)