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polishdude20 | 26 days ago

Then again, to play devils advocate, doing all the other stuff in a new way might also help your company break out of the cycle that typically impacts startups. It may be that the other things you do apart from your product are what make it successful.

discuss

order

dannyw|26 days ago

Figuring out a better way to ~~invest~~ speculate with your company's balance sheet is seriously unlikely to improve the trajectory of your company.

stackghost|26 days ago

I mean if you have a significant chunk of free cash sitting around there's almost no reason not to put a portion of it in 3-6 month Treasuries or something.

The return won't be much but it's better than letting the cash sit idle and evaporate due to inflation

debo_|26 days ago

MicroStrategy?

Devasta|26 days ago

Not once in mankind's history has any great product or feat been enhanced or achieved through the use of timesheets.

Don't get bogged down with that stuff.

UqWBcuFx6NV4r|26 days ago

This comment really shows how far the SV VC culture still is from running profitable businesses with solid fundamentals. No surprise that I am hearing this on the same website where people come to act like hard-done-by factory workers whenever [incredibly bloated and dysfunctional FAANG] lays people off after facing the real-world financial realities.

For the love of God, no. Do not do that. The cycle begins when you take the money. How there are still people here that don’t get this, I don’t understand.

raw_anon_1111|26 days ago

The purpose of VC’s were never to fund companies until they become profitable, it’s the find the “bigger fool”.

Occasionally it’s the public market…

https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...

Most often for successful exits, it’s to get acquired and shut down the original product with a “Our Amazing Journey” blog post.

HaZeust|26 days ago

You've taken VC money at that point. Hate to say it, but doing that means you're voluntarily going into the cycle with no intent to break it.

bandrami|25 days ago

"A marathon sounds like a really long way to run. Maybe if I simultaneously juggle it will distract me from how tired I am."