VCs act wise as everyone in start-ups gets fired

Raising money is never an accomplishment in and of itself —it just raises the stakes for all the hard work you would have had to do anyway: actually building your business.

Some signs of cultural corrosion caused by raising too much money:

• Hiring too many people—slows everything down and makes it much harder for you to react and change. You are almos

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The past several years have been characterized by higher and higher private company valuations, which, when the public markets for tech companies reset over the past few months, left venture capital investors that had invested in later stage private rounds in the red on these investments. In other words, not dissimilar from the issues that employee... See more