Having a great exit is the golden dream for VCs.
But having founders that raise lots of money also have a value in itself even if the business fails in the long run.
Having a great exit is the golden dream for VCs.
But having founders that raise lots of money also have a value in itself even if the business fails in the long run.
But you also have to build a business with the money you raise, or else you kill your reputation along the way.
As the founder, yes. For the VCs there's not a lot of consequences by having hyped things like Theranos or WeWork.
I guess I would make a terrible VC, bc my money and reputation would matter to me.