5 ms·

Sure, but as I'm sure you're aware, the current system makes this model impossible for all but the most niche products: a faster growing, better funded (because

by xavxav 5y ago

Sure, but as I'm sure you're aware, the current system makes this model impossible for all but the most niche products: a faster growing, better funded (because they are growing faster) product will outspend you until you die. The existing VC model is hostile to 'slow growth' companies and products.

cardamomo 5y ago
Then change the model! I see the value in your point--it reflects our current reality--but we should never lose sight of the fact that we can replace systems that don't serve our best interests. Yes, it takes hard work, but maintaining the status quo is not the only way forward.
- johnfn 5y ago
  No, not really. If you change the model you’ll immediately be out-competed by anyone who didn’t change the model.
- infinitezest 5y ago
  I mean fair enough but isn't that the problem? That people would like to change the system but the exact mechanism for doing so is not at all obvious.
  - falcolas 5y ago
    Based on the earlier comments, it feels like step 1 is to renegotiate salaries away from stock. It makes sense when you can't afford reasonable salaries, but it's not something that's been written in stone. Also, don't hire executives who have a demonstrated history of making bad decisions for a business' long term stability in the name of "shareholder value".
    - maccolgan 5y ago
      The other problem is the insane attrition and low tenure rates that directly disincentivizes any investment in individuals.
dgb23 5y ago
It's not impossible in a real sense. Many SMBs do this, large players do it somewhat sometimes in some areas and have proven this strategy to work on some level. I want _more_ of that and I think it would be better for pretty much everyone in the long term. My comment above isn't nearly as nuanced as it could be - I'm pressuring a pain point that I think needs more attention. But I'm optimistic, It seems like sustainability awareness and long term, holistic / system thinking is growing.

by xavxav 5y ago

cardamomo 5y ago

Then change the model! I see the value in your point--it reflects our current reality--but we should never lose sight of the fact that we can replace systems that don't serve our best interests. Yes, it takes hard work, but maintaining the status quo is not the only way forward.

johnfn 5y ago
No, not really. If you change the model you’ll immediately be out-competed by anyone who didn’t change the model.
infinitezest 5y ago
I mean fair enough but isn't that the problem? That people would like to change the system but the exact mechanism for doing so is not at all obvious.
- falcolas 5y ago
  Based on the earlier comments, it feels like step 1 is to renegotiate salaries away from stock. It makes sense when you can't afford reasonable salaries, but it's not something that's been written in stone. Also, don't hire executives who have a demonstrated history of making bad decisions for a business' long term stability in the name of "shareholder value".
  - maccolgan 5y ago
    The other problem is the insane attrition and low tenure rates that directly disincentivizes any investment in individuals.

dgb23 5y ago

It's not impossible in a real sense. Many SMBs do this, large players do it somewhat sometimes in some areas and have proven this strategy to work on some level. I want _more_ of that and I think it would be better for pretty much everyone in the long term. My comment above isn't nearly as nuanced as it could be - I'm pressuring a pain point that I think needs more attention. But I'm optimistic, It seems like sustainability awareness and long term, holistic / system thinking is growing.