3.9 C
London
Monday, December 5, 2022

Yes, no, most VCs still don’t really care about your path to profitability

Must read

Woman claiming to be a relative of Chris Christie injures 6 deputies after being kicked off plane, sheriff’s office says

A woman claiming to be related to former New Jersey governor Chris Christie injured six deputies after she was kicked off a Spirit Airlines...

Sam Bankman-Fried says unlikely to testify at House Committee hearing on Dec. 13 londonbusinessblog.com

Sam Bankman-Fried, the former CEO of FTX, indicated on Sunday that he is unlikely to testify in the upcoming US House committee hearing into...

Mozilla acquires Active Replica to build on its inverted vision • londonbusinessblog.com

An automated status updater for Slack isn't the only thing Mozilla has acquired this week. On Wednesday, the company announced that it has...

DJI’s cheaper Mini 3 drone could be launched very soon

It looks like DJI is gearing up to launch the rumored non-Pro version of its Mini 3 drone. While a series of images...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

“Grow all the way” cost” fueled the funding fire in 2021, as venture capitalists put money into startups and spent tons of money on everything from overleasing to inefficient customer acquisition. But amid this year’s downturn, venture capitalists decided — to say the least — that burning cash in the name of growth may not have been their best idea.

They released memos, tweeted about it, and spent time telling it reporters that they may have screwed up some of their riskier bets. They said preserving cash and a potential path to profitability was the soup du jour of investing in the second quarter, while taking big risky bets on high-growth startups burning money was not on the menu. But did their actions match their words? Not really.


More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Woman claiming to be a relative of Chris Christie injures 6 deputies after being kicked off plane, sheriff’s office says

A woman claiming to be related to former New Jersey governor Chris Christie injured six deputies after she was kicked off a Spirit Airlines...

Sam Bankman-Fried says unlikely to testify at House Committee hearing on Dec. 13 londonbusinessblog.com

Sam Bankman-Fried, the former CEO of FTX, indicated on Sunday that he is unlikely to testify in the upcoming US House committee hearing into...

Mozilla acquires Active Replica to build on its inverted vision • londonbusinessblog.com

An automated status updater for Slack isn't the only thing Mozilla has acquired this week. On Wednesday, the company announced that it has...

DJI’s cheaper Mini 3 drone could be launched very soon

It looks like DJI is gearing up to launch the rumored non-Pro version of its Mini 3 drone. While a series of images...

This wireless charger can help clear up your desk

Opinions expressed by londonbusinessblog.com contributors are their own. Just because Black Friday and Cyber ​​Monday are behind us doesn't mean you can't still take advantage...