[VieEnCode]

What you say makes sense for the kind of business that wants to scale quickly to try and build a moat and dominate a given market (that is, before it frequently goes downhill once the investors and founders have exited and the cheap money ends).

On the other hand, it doesn't seem like the best move for some product that solves a very specific problem for a very specific group of clients. Why would such a product necessarily even need multiple rounds of funding to be profitable?