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Your likelihood of being in the 500M+ valuation bracket is so infinitesimally slim, that optimizing for that case is almost pointless.
by BadassFractal 8y ago
Your likelihood of being in the 500M+ valuation bracket is so infinitesimally slim, that optimizing for that case is almost pointless.
- stouset 8y agoAgree with the assumption, disagree with the conclusion. Optimizing for that as a founder only doesn’t make sense, but when your investor money is trying to chase after $1B+ grand slams to make up for the dozens of failures, it probably makes a lot more sense.
- BadassFractal 8y agoSure, and optimizing for those massive returns is the VC's problem, not the founder's problem. You're one out of dozens, if not hundreds of their investments. They'll be fine.
- mrnobody_67 8y agothe odds of getting to 500m+ probably increase when salaries (and burn rate) are lower and employees aren't cycling through every 18 months...