Q: Do you think venture capitalists will learn anything from the WeWork debacle?
A: Great question. When you see billions of dollars in expected gains go up in smoke, it should leave a strong impression, as in…
I’ll never do that again.
But what exactly is “that” referring to?
Investing in a company losing money hand over fist? That would mean dropping 90% of the companies venture capital (VC) firms invest in.
Encouraging hypergrowth? That would be an extremely hard habit for VC firms to break. Pre-IPO, it’s all about growing fast (and breaking things).
Investing in companies headed by founders who are self-entitled pricks? Not …read more
