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by cphajduk
1082 days ago
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I would partially disagree. I think your statements are true, but only for companies that raise investments on the promise of scaling to greater profitability, but ultimately fail to deliver. If the founders delude themselves or are overly optimistic, the only recourse they have to investors is to gouge the customer. Raising the 'right' amount should be the goal. Not 'as much as possible' |
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Money is like sex - only too much is enough.