3 ms·
Single founder of a self-funded business here. If you'd rather depend on a larger company, you have to take into account that: 1. The costs will be much highe
by jwr 5y ago
Single founder of a self-funded business here.
If you'd rather depend on a larger company, you have to take into account that:
1. The costs will be much higher, because somebody needs to pay for all those salaries, benefits and offices. Hope you are ready to cover those.
2. It's just a façade anyway: a "serious company" makes us feel all warm and fuzzy, but can fold at any time without warning.
3. If it's a VC-funded company, there is no eventual exit outcome that is good for you as a customer: the business will either get acquired (with the service you are using being shut down or folded into something else), go bankrupt, or in the extremely rare case do an IPO (the service you are using will then degrade as the company will be adding mass-uptake features and upselling, see Dropbox). In other words, you aren't really a customer: you are growth material for the company, to be used and discarded once goals are achieved.
In contrast to that, single-founder businesses can be stable, mature, and sustainable over many years, much more so than services offered by larger companies.