Momentum

The product of mass and velocity says a lot about your business model. When you raise a lot of capital you convert that capital into mass (intellectual property, assets and people) and velocity (market penetration).

Different investor types have different momentum tolerances. VC’s have the shortest (<1y) followed by IPO shareholders (<2y) and the patient money is in incumbent businesses buying new technology. When they buy a disruption business, it's a protection strategy. They don't like to cannibalise their old technology revenue streams, so they don't mind a slow change that they can control.