3 ms·
I think about that a lot. I suspect unfortunately the quick and dirty startup is both cool and lucrative for young people with privilege. I've talked with a lot
by neom 9y ago
I think about that a lot. I suspect unfortunately the quick and dirty startup is both cool and lucrative for young people with privilege. I've talked with a lot of VCs who won't look at startups that can't see revenue within 18 months, yet they will take propped up or bought revenue with metrics that look good but have no hope of ever reaching profitability. I suspect the next wave of real businesses that make many truly useful products will come out of places like Detroit, Cincinnati, Boston.