Wednesday Apr 12, 2023
EP177: The Problem with Correlation in VC-Funded Companies
Chris and Corey discuss the dangers of correlation in the tech industry and the impact it can have on valuations. Chris explains how the venture capital industry is focused on headcount as a metric for success, leading to inefficient practices among funded companies. This correlation can create a house of cards effect, where the collapse of one company can trigger a chain reaction that affects the entire ecosystem. They also touch on the pre-chasm state of companies and the importance of finding visionary buyers who can provide the necessary funding without relying on rounds of financing. As a sales professional, it's important to understand the broader industry trends that can affect your company's success and plan accordingly. Chris and Corey's insights offer valuable perspectives on the challenges facing tech companies and how to navigate them. Listen to this episode of Market Dominance Guys, "The Problem with Correlation in VC-Funded Companies."
Corey Frank on LinkedIn
Chris Beall on LinkedIn
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