I can see the flip side to that argument when you're pitching which is that if you're profitable, then you're probably not investing aggressively enough in growth/bets. Consider public companies that pay dividends; that's basically excess operating profit that they couldn't think of a better way to use (capital investment, etc.).
The title is a bit misleading. The article discusses the notable increase of 2nd-stage seed rounds, as the bar for Series A funding is getting higher.
In some sense, reminds me a bit of academia, where in the past couple decades it has become common for aspiring faculty to complete a second post-doc position because of too many rising post-docs competing over too-few open faculty appointments.
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[ 3.1 ms ] story [ 17.0 ms ] threadIn some sense, reminds me a bit of academia, where in the past couple decades it has become common for aspiring faculty to complete a second post-doc position because of too many rising post-docs competing over too-few open faculty appointments.