We Also Failed to Build a Billion Dollar Company

We Also Failed to Build a Billion Dollar Company
If you haven’t seen it, you should read this unusually thoughtful and honest account from a founder who built a company that was successful by most reasonable metrics, but not by venture capital ones. But the weird thing is that if our venture investors had known at the outset that they would have a 3x return on their money in three years, they probably wouldn’t have made the investment. Joel Spolsky’s Simple Math for VC ReturnsThoughtful VCs will do what’s right for the founder in close situations.

Source: medium.com