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Aren't start-ups by definition systemically untenable?
by troughway 6y ago
Aren't start-ups by definition systemically untenable?
- ashtonkem 6y agoThere’s a very high likelihood you’re browsing this site using a product made by a former startup. So, no.
- wuunderbar 6y agoI think what is meant here is that it takes a moonshot and massive amount of funding for even the chance of getting it through. They are untenable relative to bootstrapped businesses that arise from more modest financing.
- ashtonkem 6y agoThat’s not unsustainable, that’s risk. That’s also describing a type of startup, not startups in general.
- dragonwriter 6y ago> Aren't start-ups by definition systemically untenable? Collectively, no, not in normal circumstances. OTOH, they are probably funded on terms on which most of them are marginal, and very small negative changes to market conditions probably make them untenable.