And from my perspective as a BitWarden customer, both of those outcomes could be worse for me. Obviously for failure, but many companies in their rush for new pots of money can do things that aren't great for existing customers. And then if those rushes don't work out, things like layoffs, reorgs, and other chaos can diminish customer focus, leading to long-term product decline.
The hypocrisy is just intolerable at this point.
they're probably over-represented given that this is an incubator-adjacent forum but startups are vastly outnumbered by both mature businesses as well as bog-standard privately owned businesses so probably not.
Most firms don't get a hundred million dollars up front, they grow products and revenue just like everyone else, with significantly fewer distortions to users or business models.