Both linear and exponential growth companies can become big businesses.

Some VCs, however, generally will not invest in linear growth businesses. In general, the smaller the VC fund the more inclined the partners are to avoid linear growth businesses.  There is good reason for this.  If a linear growth company requires a substantial amount of capital, VCs with small to medium sized funds are faced with either the prospect of substantial future dilution, limiting the investor’s potential return, or overexposing their portfolio to a single company.

There are, however, funds that do back linear growth companies.   Generally, these are the funds with significant assets under management, making them large enough to support a linear growth company while avoiding dilution and portfolio imbalance.

Ultimately, understanding your company’s resource efficiency will help you target the right investors.