When I’m dining out in unfamiliar territory, I’ll usually find a restaurant on the beaten path — if a place has no customers, it makes me leery.
Tech investors have similar appetites when it comes to follow-on investment, writes Champ Suthipongchai, co-founder and general partner at deep tech VC firm Creative Ventures.
“Even the best efforts to estimate runway are often wrong,” and external factors like supply-chain issues, pending regulation and even a global pandemic are hard to account for.
