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by fitandfunction
4797 days ago
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It's not just small companies. I worked briefly for a mid-sized tech company that took a >$70 mm round, but will likely be out-of-business before year end. Like Ecomom, it is helmed by a "visionary" / fanatical leader with a "grow at all cost mentality." To me, a big red flag is when senior managers make plans without both revenues AND costs being openly discussed. |
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