> Companies which receive VC funding are not profitable.
This is absolutely false. Company may be at a stage where they are profitable, but lack the capital to establish themselves as undisputed market leader before competition catch up.
Banks only allow you to leverage so far, thus VC makes the most sense for truly scaling globally.
I'll skip all the other things in the article, but there are plenty truism like this to watch out.
Also it tries so hard to not be just an opinion piece, drawing for own experience, but sample size and none of the other details are never mentioned again.
This is absolutely false. Company may be at a stage where they are profitable, but lack the capital to establish themselves as undisputed market leader before competition catch up.
Banks only allow you to leverage so far, thus VC makes the most sense for truly scaling globally.
I'll skip all the other things in the article, but there are plenty truism like this to watch out.
Also it tries so hard to not be just an opinion piece, drawing for own experience, but sample size and none of the other details are never mentioned again.