3 ms·
Seems like the bubble is finally shrinking... i think dept can actually help an early company focus their effort - if you know you have to produce value, to mee
by FloNeu 10y ago
Seems like the bubble is finally shrinking... i think dept can actually help an early company focus their effort - if you know you have to produce value, to meet your next payments - instead of 'oh, yeah i got a billion dollars - lets buy some art for the office'. I am always amazed when i read articles on how much money a (typical) unicorn (actually) looses... Granted it can take some money to build a user-base etc. But, woo... i would love if someone could calculate the cost of customer for some big ones... Or tell me how shit, without a business-model, gets founding millions high.