2 ms·
I'm broke and my company is not growing. I believe that a large contributing factor to the failure of my company was that we went in to it with an exit in mind
by dongle 16y ago
I'm broke and my company is not growing. I believe that a large contributing factor to the failure of my company was that we went in to it with an exit in mind instead of a love for our product.
Would we have sold our company for $20 mil? Hell yes. But we went in to Y Combinator excited about an exit and we stunted the growth of our company by shooting for dollars instead of stars.
- il 16y agoThis is a serious question, so please don't take it as snark or mockery: Wouldn't shooting for dollars increase the growth of your company? Or at least get it ramen profitable so it can't die/fail?
- dongle 16y agoYou're right – I used colorful, imprecise language. Yes, you should try to make your company profitable. I'm speaking in the context of exits.