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Google,Facebook,Twitter are extremely atypical outliers. Statistically speaking, the typical valley startup builds something quickly, fails to acquire users, b
by il 16y ago
Google,Facebook,Twitter are extremely atypical outliers.
Statistically speaking, the typical valley startup builds something quickly, fails to acquire users, burns through angel funding, and dies quietly.
The typical _succesful_ Valley startup is not that different from the business described in the post. Remember, the most succesful YC exit ever, Heroku, is a hosting company.
- malvosenior 16y agoThe typical small business fails as well. My list was short but again, any successful internet property I can think of did not start in the manner suggested in the article. I also think about the motivations behind the best entrepreneurs I know (some with 100M+ exits) and never did they want to build a small business. They always wanted to touch as many people as possible, build something cool and later, reluctantly, strap a business model on. Not a popular opinion here I know, but true nonetheless.
- shashashasha 16y agoThey're atypical outliers, but that doesn't stop VCs from investing in companies with the belief that there's a chance they can reach that scale.