3 ms·
Maybe it's selection bias, but it seems like every "successful" VC-backed startup I read about ends up destroying what could've been a profitable core product a
by _bxg1 7y ago
Maybe it's selection bias, but it seems like every "successful" VC-backed startup I read about ends up destroying what could've been a profitable core product and burning itself up out of the sheer growth-pressure imposed upon it by investors. Dozens of what could have been sustainable small businesses, crumpled up and thrown in the bin because they couldn't achieve ludicrous unicorn growth. That's not good for the economy.
The "quit after round 1" idea makes sense, though.