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> Most successful startups are unprofitable What a bizarre world we live in where this is said seriously and everyone would agree with it. There’s a vc bubble
by ashelmire 8y ago
> Most successful startups are unprofitable
What a bizarre world we live in where this is said seriously and everyone would agree with it.
There’s a vc bubble and it’s going to pop. And we will all suffer for it.
- hn_throwaway_99 8y agoWhy do you think it's bizarre? It's also true. The whole reason Silicon Valley is the center of the entrepreneurial and tech universe is because it's the place that best merges technical talent with access to capital. If startups could be profitable from the get go, VCs wouldn't need to exist in the first place.