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TLDR: The way to succeed in school is by gaming the system, but the way to succeed in business is by making a great product. But PG is wrong. Startups can, and
by zopine 7y ago
TLDR: The way to succeed in school is by gaming the system, but the way to succeed in business is by making a great product.
But PG is wrong. Startups can, and do, game the system. By showing unsustainable, artificial growth with no real value behind it, they can fool investors long enough to make a lucrative exit by IPO or acquisition.
- buboard 7y agoan IPO or acquisition without proving their market value should count as startup failure.