&gt; <i>&quot;raise a huge round because money is cheap&quot; is misleading and founders in these large rounds are actually giving up large amounts of control. </i><p>When the money is cheap it means they <i>aren&#x27;t</i> giving up control relative to when money is expensive. There is a phenomenon in tech VC right now, which is the money is beholden to the tech talent and not the other way around. That&#x27;s not usually the case, historically speaking. Not to mention, some of these rounds are liquidity events for founders who are looking to cash out personally (i.e. look at Groupon&#x27;s $800m IPO raise and follow the money).<p>&gt; <i>My personal opinion is that many companies are showing impressive revenue growth but glossing over core profitability, and these companies will have a tough time fixing that.</i><p>I see what you&#x27;re saying, but don&#x27;t think it&#x27;s necessarily true. Branding and network effects are real things. That&#x27;s why finance is loving tech right now...if you can buy your land grab and then created a castle with a moat over a 5-10 year time period, there are some serious rewards of establishing a new brand with longevity at relatively low risk.<p>There&#x27;s going to be a time (soon) where profitability does matter, it&#x27;s just not now.