Oct 12
Sequoia Venture Capital Warning to CEOs - Get more Business Plans
Yes, you heard me right. I think this is a good thing. It forces those who never have what it takes to make it anyway to close door sooner. The industry needs to weed out the ‘pretenders’ every once in a while and now is a good time for that.
Lately there’s been a lot made about how VC’s are advising their portfolio companies to conserve cash and find a viable revenue model fast. Duh… That needs to happen regardless. But of course, this is bad for entreprenuer wanna-be like myself. Maybe now is a good time to lay low and just wait…
