3 ms·
I'd caveat this very slightly, as sometimes a business model turns out to be existentially viable, but lacks the kind of scale, revenue, or exponential growth t
by Glyptodon 7y ago
I'd caveat this very slightly, as sometimes a business model turns out to be existentially viable, but lacks the kind of scale, revenue, or exponential growth that VCs want to see.
- coldpie 7y agoIf your business model doesn't include paying back your investors, it's not viable. If your business model does pay back investors, or doesn't require them, then congrats! You've avoided the dismal equilibrium and have a successful business that serves its users instead of abuses them :)
- deleted 7y ago[deleted]
- jimbokun 7y agoWhich means the business never should have taken VC funding, because it just puts the whole venture at risk while adding zero value.