3 ms·
I feel like this should be engraved in stone and delivered to anyone who is thinking of getting into this game but try telling that to a hot headed under 30 fou
by curiousjorge 11y ago
I feel like this should be engraved in stone and delivered to anyone who is thinking of getting into this game but try telling that to a hot headed under 30 founder who is worried about burning that cash as fast as possible to 'grow big and sell the company'.
I almost feel like SV is all about exits and not enough focus on meaningful products that arise out of genuine passion to solve a real problem.
- api 11y agoThose kinds of founders need a dose of reality. That path is usually more like "burn lots of investor cash and your reputation, then fail." For the very few who sort of pull the pump and dump burn to exit thing off there are dozens who just crash.
- curiousjorge 11y agodoesn't seem to happen. people who raise ridiculous amount of money seems to do it again and again and investors are happy to keep shoveling piles of money around. vast amount of money is moved around and evaporated. that kind of money if distributed to single founders who have a working product, generating revenues would have a far more benefit to society and consumers instead of one giant company that bullies it's way into the markets by splashing money around.
- api 11y agoI've seen that too and I still don't understand it.
- duaneb 11y agoNot all products are equal.