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"Certainly founders are getting more of what they want as these small exits happen more frequently. For first time entrepreneurs a few million in the bank is a
by edanm 16y ago
"Certainly founders are getting more of what they want as these small exits happen more frequently. For first time entrepreneurs a few million in the bank is a huge fucking deal."
This is the important point, imo.
More small startups -> more small exits which "solve" the money problem for first-time entrepreneurs -> more entrepreneurial-minded people creating companies for "fun" without worrying about the money.
I.e., solving the money issue for entrepreneurs by them having one smallish success is probably good, since they're the kind of people who will go on to create much larger, more interesting companies.