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  1. Feb 2022
    1. Google survived enormous VC funding because it could legitimately absorb large amounts of money.

      What's an example of a company that can't absorb large amounts of funding? I assume Google used it to improve their infrastructure to support an incredibly large userbase. Uber for example used most of its funding for marketing and kickstarting their marketplace. The general ethos of "hypergrowth" seems to be trying to get to scale as fast as possible.

      So the argument here is not to chase scale by throwing money at it, but only invest when it's required? Does the second case actually exist outside of boostrapped startups?