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by jt2190 4506 days ago

  > For some reason, I bought into this premium that our 
  > community puts on companies that produce gimmicky 
  > technology and raise massive rounds without having any 
  > real revenue streams. I got so caught up in this 
  > mentality that I was literally embarrassed to be working 
  > on a company that was making money in a less than sexy 
  > industry.
Anyone who is looking to take VC money needs to be able to convince investors that they'll have a 100M+ exit within seven to ten years. Investors who are looking to make these "long-shot" bets are not looking for solid companies with predictable growth like a lawn care business.

It's really important to understand the investor's point-of-view when considering a position at a VC-funded company, otherwise the company's behavior may seem irrational.

1 comments

I'm guessing they aren't looking for companies like Uber and Handybook, you know because they're in predictable industries like taxi cabs and house cleaning...
My phrasing was poor. I should have said "companies with predictable growth", not "predicable growth industries." I've edited my post.