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Chiming in, as a founding member of a venture backed startup, the idea that our success is guaranteed strictly because of the capital investment is honestly a b
by bhupy 6y ago
Chiming in, as a founding member of a venture backed startup, the idea that our success is guaranteed strictly because of the capital investment is honestly a bit insulting. If only that were true, I wouldn't have to worry about half of my compensation being worthless — a statistical likelihood.
- kordlessagain 6y ago> the idea that our success is guaranteed strictly because of the capital investment is honestly a bit insulting Nobody but you has that idea. The article is a story about other companies who have maybe shown indications that some can "run amok" with an influx of capital, at the expense of all other stakeholders, including the user. This article is not a story about you or the non-corporal entity you are birthing and even pretending for a minute that it is, is just silly.
- m0llusk 6y agoThis isn't about your success, it is about the failure of others. WeWork is dying a protracted death, but it did a huge amount of damage to coworking providers before it blew up. You seem to be arguing that disrupting markets is okay as long as failure eventually happens, but that dynamic causes a lot of suffering and waste.