“You have to look at the fundamental raison d'être of the business - what is it doing? What's the nature of the business and what are its prospects for success? What are its prospects to break even and then return the sustained profit?” LooksBreakReturnFundamentalsProfitProspectsBreak Even Author:Kevin Kinsella
“How many of the unicorn companies are really prosaic businesses - like limousine services or renting rooms in your house? The original VC firms from the '70's made their money and established the reputation of their respective brands by leveraging big cleverness with small capital, not small cleverness with big capital, and that's what's going on with these unicorns. That has never worked and it won't work this time. It doesn't produce venture quality returns, and it never will.” MadeBigsHouseRoomsQualityCompanyProduceReturnOriginalsReputationBrandsFirmVentureClevernessUnicornLimousines Author:Kevin Kinsella