> "They aren’t looking for a guaranteed $1M, they want a chance at $1B or $100B. This is really weird, because software business that are profitable might not be fundable."
Huh. Sounds like an inefficiency on the funding side. Or is it that these biz's profitability typically enable self-funding? Why does a profitable startup that doesn't have VC-style growth potential need funding?
Huh. Sounds like an inefficiency on the funding side. Or is it that these biz's profitability typically enable self-funding? Why does a profitable startup that doesn't have VC-style growth potential need funding?