9 Women Can’t Make a Baby in a Month
Both Sides of the Table
MARCH 30, 2011
I believe that over capitalizing companies too early often favors the VC. It’s not clear that there was big customer demand for some of these products yet entrepreneurs were egged on by VCs to “take the money&# and try and push the market. It takes options off of the table. It drives perverse incentives.
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