Yeah, but even if the advice VCs give to people in general is worthless, it remains the case that (like Viliam said) once the VC has invested, its interests are aligned with the interests of any founder whose utility function grows linearly with money. And VCs usually advise the startups they’ve invested in to try for a huge exit (typically an IPO).
Yeah, but even if the advice VCs give to people in general is worthless, it remains the case that (like Viliam said) once the VC has invested, its interests are aligned with the interests of any founder whose utility function grows linearly with money. And VCs usually advise the startups they’ve invested in to try for a huge exit (typically an IPO).
Tru