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Shouldn't point 2) be start paying the pile of money back? Or allow investor to sell the whole thing to someone else who just want to live on dividends.

The investors don't want their pile of money back - that would just be a loan, they want your business to go to the moon so their equity becomes much more valuable than their investment. The investors will call for more investment and faster growth, so they can find a window to sell for big money.

> You may have a hard time understanding what all those people do, but I suspect they're all quite busy.

I'm guessing 100 managers at least. Busy hiring more people to staff their perpetually understaffed teams, each doing some disjoint initiative.

+1

That's just not how VCs work. Basically it's you HAVE to always show hockey stick growth.

Steady 5-10% per year isn't good enough. It has to grow exponentially. So that's why you keep hiring and keep spreading out the service into a whole bunch of other areas.

I’m just going to point out that growing 10% per year is actually exponential growth

Which is why every founder should always promise 11% growth. Because most companies only grow at 10% - if they're lucky...

Another arrow in my quiver called "VCs aren't a good model for funding companies."