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ahh, I see... so more like speculative R&D, developing a technology to the point where it's saleable to a larger organisation. So there's no need for a customer
by marcus_holmes 8y ago
ahh, I see... so more like speculative R&D, developing a technology to the point where it's saleable to a larger organisation. So there's no need for a customer problem to solve, it's just about building enough capability with the tech to become acqui-hirable, is that right?
- pryelluw 8y agoTo a point. I cant comment on regards to this being the goal of the company above. We should consider the following: A startup can have a product offering and also be the product itself.
- marcus_holmes 8y agonot sure that works in many places outside Silicon Valley. I've been working in the startup scene in Perth, Western Australia, for years now, and the opportunities for getting bought areslim. A startup there needs to have a global customer base to stand a chance of making revenue, let alone equity growth.