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Being sustainable does not mean being a unicorn. As said the issue is that the aim always to exit. And also that they approach this as a Silicon Valley tech co
by NotPaidToPost 7y ago
Being sustainable does not mean being a unicorn.
As said the issue is that the aim always to exit. And also that they approach this as a Silicon Valley tech company and not as a "standard" company... So spending goes out of hands and it's a billion dollars or nothing.
- TeMPOraL 7y agoPersonally, at this point I refuse to use products and services made by startups unless I have no other choice. Seeking "an exit" is startup code word for "we don't give a flying fuck about customers and our products; it's only a vehicle to get us rich".
- scarface74 7y agoFrom a B2B side. I’ve been on both sides of a startup. On one side we were a small company with a large company as a customer who demanded that our code be put in escrow in the case we went out of business. The company did, but the customer hired me as a contractor because I was one of a few people in the world who knew how to develop on the proprietary platform. Even better, I was one of only three people in the world who knew how to modify the C++/MFC platform itself. On the other side, I was the dev lead for a company and our business consisted of 60-70% of the vendors revenue. We had them put the code in escrow as part of our contract.