TLDR Founders · MISCELLANEOUS

WHY INVESTORS DON'T CARE ABOUT YOUR BUSINESS

steveblank.substack.com5 min read

Summary from the TLDR Founders newsletter

VCs keep passing on profitable businesses because they're not looking for good companies - they need potential 100x returns. Since IPOs dried up, everyone's chasing AI startups and hyping valuations through secondary sales. If you take VC money, their moonshot business model becomes yours, whether you like it or not.