When I say growth I mean net profits. Those imploding VC companies were never profitable.
A larger profitable company has more chance of survival by shrinking into a smaller profitable company. It's a buffer. But an already small profitable company doesn't have that option, there's more risk.
A larger profitable company has more chance of survival by shrinking into a smaller profitable company. It's a buffer. But an already small profitable company doesn't have that option, there's more risk.