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daveaiello | 1 year ago

I think a lot of tech companies are getting lost in a situation where Venture Capitalists ideally want to invest in companies that will eventually fit in the large capitalization growth stock category. But many tech companies will never fit that model.

Squarespace is an example of a company that was never going to fit that model, for a host of reasons.

Furthermore, if a company is highly unlikely or never going to become a large cap growth stock, providing extra working capital, acquiring ancillary services, funding additional advertising and marketing, will not change those prospects. Only revolutionary increases in functionality will.

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