Fundraising skill

The coming recession shows the flip side of a lot of popular companies. Company A has a quarterly revenue of $7 million while its burn rate is $60 million. Company B announced the stop of a fundraising round of $70 million with an annual revenue of just 9. It is possible to find such examples every day now.

It seems there is a special skill some people have to get fundraising rounds closed while their company is not even close to being profitable.

Money is to keep the growth rate at a suitable level, to grow faster than others. It's fine and acceptable. But how come it became possible to keep a difference between revenue or even, in some cases, gross revenue and burn rate ten times bigger?

Differences have been wiped out. A surprisingly incomprehensible industry was grown, fed with incredibly cheap money. Anybody involved just doesn't care about making money. The only measurable thing was the amount of attention that another round might create. Entrepreneur skills were beaten by fundraiser skills, which should be finished soon, smoothly and fast with the incoming changes the recession will bring to us.