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Except what every startup in Silicon Valley doesn’t seem to realize is there’s a revolving door of VC funded “businesses” that fail because they can’t make a pr
by lwansbrough 7y ago
Except what every startup in Silicon Valley doesn’t seem to realize is there’s a revolving door of VC funded “businesses” that fail because they can’t make a profit after 10 years. And if they try to make a profit (for example by raising prices) users move on to the new cheap option.
- kohtatsu 7y agoI don't think it's the startups that don't realize, rather the stock market that slurps up the IPOs and fuel it.