[antr]

This talent acquisitions issue is also fueled by angel investors and VCs telling entrepreneurs that (i) they should not focus on revenues/profit, and (ii) grow fast quickly.

This advice is some of the worst advice to give entrepreneurs, because revenue/profit is fundamental for any company's survival, and growth does not translate to long-term success.

Then again, investors are in a constant conflict of interest with owning a piece of a long-term profitable businesses, and their expertise is not close to knowing how to manage a profitable business. Having said that, VCs are good at flipping startups to cash-rich companies, who seem to care little on value dilution. How many acquired companies have Google, Microsoft, Yahoo, AOL, New Corp, etc shut down?

Which makes me think: what is the net value of Venture Capital flips to the economy?