Great article. One point it kind of touches on but misses is the higher risk of “growing pains” / incompetence in startup land. Leadership, processes (lack ther

Great article. One point it kind of touches on but misses is the higher risk of “growing pains” / incompetence in startup land. Leadership, processes (lack there of) etc can all be lacking / poor. Anything from poor strategic judgement to shitting the bed on equity valuation (eg I once joined a “rocket ship” that valued its shares at $50 a piece. I realize of course share price is a function of outstanding shares but given startups want to minimize their share price, it didn’t seem well managed at all)