I have a question for you, and the peanut gallery. If you hold this opinion - how many venture-backed startups have you personally been employed by?

Because I see this attitude a lot, but as someone who has worked primarily at these enterprises (good and bad) I don't think you can think that way without being completely divorced from reality. Not all of us are working with Saudi money from Softbank.

Startups that can't stay cash flow positive might as well be enriched uranium right now. Could be worth a lot of money to the right people, but you're not keeping it around the house.