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I feel like this is focused on companies that are designed to scale quickly and eventually get huge. There are a wide array of companies that don't want to scal
by beatgammit 8y ago
I feel like this is focused on companies that are designed to scale quickly and eventually get huge. There are a wide array of companies that don't want to scale that quickly (e.g. lifestyle businesses, like a service business). OP basically said it's what's necessary to get to series A funding, but if you don't particularly care about getting venture capital, then that figure is irrelevant.
I think a better title would be "$250k is needed to get to series A funding", since that's basically what the article it about, and many (most?) startups will never seek funding outside bank loans and whatnot.
- scarface74 8y agoSo much this. I envy companies like Fog Creek Software that were bootstrapped and he can run the company however he wants - profitably.