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"He said that multiple exits should not constitute "a successful track record" which is ridiculous..." First of all, I did not say that. I think you're pretty
by jonnathanson 15y ago
"He said that multiple exits should not constitute "a successful track record" which is ridiculous..."
First of all, I did not say that. I think you're pretty consistently misreading me here.
When I used the phrase "successful track record," I was pretty clearly talking about a record of success in the marketplace, i.e., a thriving company whose product(s) is not just being used, but earning sustainably growing revenue and traction beyond initial interest or buzz, and over a long-term period.
My entire point was that a record of multiple exits is to be commended, and is certainly what attracts investor confidence (for good reason!) -- but it can be conflated with in-market/company success, which can be dangerous.
The two things are correlated, and they're similar, but they're not identical.