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Taking venture capital funding pushes a company toward extreme binary outcomes and pressures it to extract more value from customers.

Drawn from what Tom Preston-Werner said

What this subject means

venture capital Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.

What Tom Preston-Werner actually said

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  1. Tom Preston-Werner

    Programmer and entrepreneur

    When you take venture funding, you sign up for a rocket ship ride that will either take you to the moon or to crash-land painfully back on earth. Those are the only two choices. And both rides tend to require heavy extraction of value from the customer.

Added to korrents 4 Apr 2022 · How quotes work · Something wrong? Tell us

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