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

VCs are similarly disinterested in growing modest, sustainable businesses. In fact, a company that grows a healthy 5% a year is in some ways worse for a VC than a company that simply implodes on a moonshot. VCs have derogatory names for these otherwise seemingly healthy businesses: the walking dead, or worse yet, lifestyle businesses (when you say

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