Venture Capitalism Is Broken—Here’s How to Fix It
Myntexchange: a new way access capital for growing companiesVenture Capitalism Is Broken—Here’s How to Fix It
Myntexchange: a new way access capital for growing companies
Getting VC funding is usually the worst thing that can happen to a startup.
Like a lottery winner with no financial acumen, a startup with a sudden influx of cash is often doomed for bankruptcy.
Why?
Because of a fundamental misunderstanding of:
· What startups need · How they use money · How unicorns come to be
Harsh truth: having more money doesn’t suddenly make someone good with money. It