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> Well, the fundamental problem is that Capital comes in and builds a really great Thing, a Thing that may not have been built without Capital, but then Capita
by SahAssar 7y ago
> Well, the fundamental problem is that Capital comes in and builds a really great Thing, a Thing that may not have been built without Capital, but then Capital wants a Return, which causes the Thing to decay.
I feel like most of the examples of this are the other way around: Great Thing is built without a lot of capital (other than a bit to get started, if even that), then gets a bit of traction, and then Captial comes in and the demands for increased ever revenue starts, even if it might not lead to profits.
We really need to have a concept of a sustainable startup, not just "hyper-scale or bust". That is what normal people call a "business".