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From [c] - “Here is my central argument. There are only two priorities for a start-up: Winning the market and not running out of cash. ” This quote misses an i
by alasdair_ 7y ago
From [c] - “Here is my central argument. There are only two priorities for a start-up:
Winning the market and not running out of cash. ”
This quote misses an important third option - don’t get so big that even if you win one hundred percent of the market, you still can’t generate a return.
Dumping a billion dollars into a company in a niche market is also a failure mode.