4 ms·
I might be touching a sacred pearl in these parts, but in many ways, the US start-up system incentivizes the wrong things, as you say, just getting an exit. A m
by noobermin 8y ago
I might be touching a sacred pearl in these parts, but in many ways, the US start-up system incentivizes the wrong things, as you say, just getting an exit. A more valuable thing for people with capital to shoot for is sustained or long-term value (revenue is one of those things I guess).
- tmd83 8y agoThat is definitely the vibe I get most of the time I read something non technical about a startup. In general a lot of startup resources (not just money but raw intelligence of really smart people) get pulled into frivolous things and when you add short term value seeking on top of that, it's not a recipe for improving humanity.
- staticautomatic 8y agoIndeed, the tech world (and to some extent, the business world more generally) is a stark reminder that there is no longer any social pressure against being a "sellout."