The Mismatch Between VCs and Entrepreneur Teams

Until you have nailed down a really compelling product or service, it's almost what's the point? Because that's a good way to ramp you up and then explode. And from the VCs point of view, look, if they get one great success out of 10, that model works. But for those other nine entrepreneur teams, they might have wanted to go a little more slowly and a little more deliberately and have a higher chance of individual success. So be thoughtful about who everybody's exit strategies in this.