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by kra34 4098 days ago
Yeah I have to agree it's actually really hard to fail when backed by one of the bigger VC's, if you're on the road to failure they can just bully one of their former portfolio unicorns to acquire you with post IPO Opm dollars. See Twitter's recent bail out of Foursquare care of Fred Wilson. There are no losers in this game.
1 comments

Even without doing the OPM arrangement, it's very sobering to see companies that fail on tech, product and people level hoovering up gobs of money due to their investor momentum. At some point, an IPO is the only way out (well, that's the best kind of OPM, isn't it).