Tim O’Reilly makes a persuasive case for why venture…
Tim O’Reilly has a financial incentive to pooh-pooh the traditional VC model, wherein investors gamble on nascent startups in hopes of seeing many times their money back. Bryce Roberts, who is O’Reilly’s longtime investing partner at the early-stage venture firm O’Reilly AlphaTech Ventures (OATV), now actively steers the partnership away from these riskier investments and into companies around the country that are already generating revenue and don’t necessarily want to be blitzscaled.
https://techcrunch.com/2020/06/26/tim-oreilly-makes-a-persuasive-case-for-why-venture-capital-is-starting-to-do-more-harm-than-good/
Exactly. VC is broken and breaks entrepreneurs and solid businesses by putting them on an unsustainable growth push looking for outsize returns. Its all in the interest of the VC.