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Bootstrapped small businesses are as old as dirt. If you aren't going to scale, why do you need venture funding? Venture funded startups may prove to have been
by jackcosgrove 7y ago
Bootstrapped small businesses are as old as dirt. If you aren't going to scale, why do you need venture funding?
Venture funded startups may prove to have been a temporary kind of business made possible by the technological frontier of first the personal computer and then the internet.
If a new computing platform comes along the VC model will keep chugging, because you've gotta plant that flag as fast as possible.
I see the diminishing value of working for startups as a sign of the maturity of the internet. Rather than try to swim against the current, it's probably better to find a new shoreline. And inventing that new platform is a very hard problem.