https://www.investopedia.com/terms/b/burnrate.asp
i hear this expression "vc burn" from my boss, who is a former gartner associate analyst, a lot, and the whole business of the company he runs is about trying to find VCs to build a decentralized social network for work collaboration
Vocabulary I guess. But specifically, why post that?
because VC companies basically take money from investors and burn it trying to find a zinger that makes them a profit, and usually they all loose, it's like some kind of weird betting game
Yeah thanks, I misunderstood the original image.