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An exit (IPO or acquisition) is the goal of a VC backed startup. If you want to build a company to build a company, do it a different way (debt, savings, bootst
by travisjungroth 9y ago
An exit (IPO or acquisition) is the goal of a VC backed startup. If you want to build a company to build a company, do it a different way (debt, savings, bootstrap, investors).
- redwood 9y agoTerrible way of looking at it. Perhaps for investors, sure, but not for employees
- tylersmith 9y agoWho cares? They're replaceable cogs that shouldn't expect anything but wages.
- travisjungroth 9y agoI don't think it's a terrible way to look at it, I think it's reality. I say this as a new employee of a YC startup-turned-unicorn. Yes, we have a mission as a company. I happen to believe in that mission. I also know that we have made a lot of obligations (investments, options as compensation) that make an exit important, too.