Western: VC-founder incentive misalignment forces hypergrowth and ruins startups
Alex Western · Is Growth Bad for Startups? · Jan 29, 2019 · at 2:21
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Alex Western, Managing Director at Think3, discusses the structural conflict between venture capital portfolio economics and the individual survival of startups at a SaaStr event.
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“We at Think Three think that there is an incentives misalignment, fundamentally, between most VCs and founders, and that that incentives misalignment is pushing companies to grow too much too fast, and it's ruining great companies like PowerDrive.”
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