On: More Bad Angel Behavior

[shin_lao]

There's a slider between 100% bootstrapped and 100% invested, and using that slider is what gives you leverage in tough times.

[ryanbrunner → shin_lao]

In practice there's often not. Perhaps early on, but heavily VC funded start-ups are likely going to have a board that's somewhat hostile to slow, careful growth with a focus on profitability.

[shin_lao → ryanbrunner]

Probably a reason why VC funded companies have a higher probability of failing...