3 ms·
Sounds like I was unclear. VC-funded is a structurally and historically bad path to sustainability. Picking an unsustainable path is OK! People can now have a
by lmeyerov 6y ago
Sounds like I was unclear.
VC-funded is a structurally and historically bad path to sustainability.
Picking an unsustainable path is OK! People can now have a high salary while working at a risky business operations venture! It's easier to hire better people! I do deep tech, and VC-funded is almost necessary there. VC requires the product to not be good, but so crazy good that you can raise $3M -> $10M -> $20M over 4-5yrs... or close shop. Which is OK!
My caution is for founders to setup up employees & users with misleading expectations as you're getting out the gate: Messaging sustainability when you just lit a timebomb. This particular topic can lead to all sorts of heartache for your team & users as reality hits, and sets up a bad cultural precedent for future ones.