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The difference is that originally there was a higher likelihood of trying out a Google product than a random startup's. Now that equation is flipped- I'd rather
by mrkstu 6y ago
The difference is that originally there was a higher likelihood of trying out a Google product than a random startup's. Now that equation is flipped- I'd rather try a random startup's product than a Google one- at least the startup is going to live and die on making that product a success.
Google? It has to be a massive world spanning success or its a guaranteed goner.
- crazygringo 6y ago> at least the startup is going to live and die on making that product a success. I'm going to respectfully disagree. Whether a product is being funded by Google or a VC, I'd argue they have a similar desire to make money, or else cut funding. If a product looks like a failure, the startup isn't going to keep it going or try harder -- the VC's will want to cut their losses. I honestly don't think there's much of a difference at all. It's the same types of executive tech people making the decisions at the end of the day no matter if it's at a VC or a Megacorp.
- fragmede 6y agoA VC-funded startup needs to be a runaway success. A million dollar idea isn't even going to get funding in the valley.