When good money goes bad: the question SpaceX and OpenAI investors aren’t asking
via wsj.com
Short excerpt below. Read at the original source.
When Sam Altman was president of Y Combinator, he advised founders: stay close enough to profitability that you could get there before your next funding round if you had to. As he told the Wall Street Journal in 2014, keeping “profitability in grasp” was a key lesson. My late Harvard colleague Clayton Christensen would have […]