Damodaran Targets VC's 'Weakest Link': Growth Over Profits
NYU valuation professor Aswath Damodaran argues the scaling-versus-profitability trade-off is venture capital's weakest link, distorting incentives across the asset class.
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NYU valuation professor Aswath Damodaran argues the scaling-versus-profitability trade-off is venture capital's weakest link, distorting incentives across the asset class.