Hazard Lights – Random thoughts that attempt to shed light into the world of venture capital and entrepreneurship from Chip Haza
Jeff Bussgang
Description: VC Perspectives from a Former Entrepreneur - Jeff Bussgang
In talking to my best entrepreneurs, I'm appreciating that at this moment, Now Is the Time to Play Offense https://t.co/Fvdf288Dzc
For the past six months, there has been a lot of handwringing about the market downturn. Most everyone has been advising entrepreneurs to marshal their capital, cut costs, and extend their runway. In essence, play defense.
Many investors have been creating a whiplash effect with their portfolio companies. As one of my CEOs put to me, wryly — “In my January board meeting, I wasn’t hiring and scaling fast enough and told to ‘go, go’, go’. In my April board meeting, I was burning too fast and was told to ‘stop, stop, stop’.”
Hazard Lights – Random thoughts that attempt to shed light into the world of venture capital and entrepreneurship from Chip Haza
Jeff Bussgang