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This kpi driven decision making persists across VC funded start ups everywhere. Gotta keep those investors happy so they pony up for the next round. Whatever kp
by mtnGoat 5y ago
This kpi driven decision making persists across VC funded start ups everywhere. Gotta keep those investors happy so they pony up for the next round. Whatever kpi you sold them on, is all that matters now.
- version_five 5y agoI've only worked at one startup (not yc); this was my experience too. We did lots of things that felt illogical (mainly related to what was prioritized) that I understood to be based on showing investors what they would want to see. I'm not in a position to judge whether this was s good strategy (it wasn't for us). Personally, I'm not a fan of doing stuff just because it's what I think other people want to see, and if I was going to do that, I'd see no reason in having a startup. But no doubt there are big success stories of higher valuations by focusing on subscription only SaaS over other revenue, for example, and that may be the best way to go.
- long_time_gone 5y agoI think it persists across all companies. They need a way to measure performance across their workforce, so they create KPIs or OKRs or whatever.
- awillen 5y agoYeah, this is just the VC-backed model, not specific to YC. The reality is that for startups that choose to go this route, if you can't raise then you're dead. Happened to the last company I worked at. It's not great (though the flipside is that if you do succeed, you're able to scale quickly), but tough to judge the founders for optimizing for the thing they need to keep the lights on.