So what about making sacrifices in the wrong way? Well, that’s when you “interpret” the law in your own way. You live in the land of make believe and focus on revenue (not profit) growth at all costs, assuming you’ll just continue to raise money from investors who are happy to keep pushing the idea of profitability out in exchange for perceived market share.
What We Can Learn From The Mismanagement Of Zenefits
Mitchell Harper

This was appalling and reminded me a lot of the .com bust of 1999–2000 when it seemed VCs were placing very expensive bets without doing the proper due diligence. I don’t know much about the funding process. I hold VCs in very high regard and ideally they have thousands of hours invested in business modeling and research when considering an investment. Can you give your perspective on how and why someone like this gets funding?