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by JumpCrisscross 564 days ago
Right. This is the nonsense I’m referring to.

Silicon Valley VC convinced technical folk that we are better than those MBAs and don’t need no suits or whatever. That leads to stupid financial decision making on an operating level, e.g. companies keeping hundreds of millions in a checking account, which is great if that account is your liability. It also keeps the VCs the smartest financial minds in the room. (I don’t have an MBA.)