Beyonds VCs and startups, focusing solely on growth mostly hurts founders themselves.
I've met some that, because of ego and narcissism, ignored profitability, raising unnecessary money and eventually losing autonomy and control.
I've met some that, because of ego and narcissism, ignored profitability, raising unnecessary money and eventually losing autonomy and control.
I think the basic problem is it is more fun to run a startup that is focused on growth than one that is focused on profitability. Smart people are very good at coming up with justifications for doing what they would like to do.