Ghonim: Traditional VC cycles incentivize startups to grow into toxic products
Wael Ghonim · Arab Spring Leader Wael Ghonim on Modern Social Media's Promise And Peril · Feb 24, 2021 · at 1:00:10
Wael Ghonim, former Google executive and founder, discusses the systemic pressures of venture capital rounds on company design and culture.
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“You can't just build something right in, in that kind of cycle. You're going to build something that grows into cancer. In this cycle of, like, trying to, series A, series B, what is happening? You know, we need to improve this number because the investor is looking at it and, you know, this whole kind of world is not the environment where you're actually, I mean, you can add value, of course, all the time, but that's not suited for adding value.”
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