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It seems like most of these could potentially have been viable products, but none of them were ever going to be huge businesses making billions a year. Why isn
by flukus 9y ago
It seems like most of these could potentially have been viable products, but none of them were ever going to be huge businesses making billions a year.
Why isn't a niche product making people wealthy seen as good enough anymore?
- majani 9y agoI think one of the issues is that in VCs allow the hottest start-ups to take money off the table in later funding rounds. So the question in an entrepreneur's mind becomes whether he should build slowly and make a few hundred thousand a year steadily, or whether he should pump up with VC money, knowing he'll be allowed to take a couple million off the table before the music stops. It's a no brainer in my mind.