2 ms·
A company which is uncompetitive and potentially unprofitable. In a cheap money environment, it’s easy to pass the buck on these things. In startup land, thin
by lumost 4y ago
A company which is uncompetitive and potentially unprofitable. In a cheap money environment, it’s easy to pass the buck on these things.
In startup land, think about the parts of the business that get humored when the company takes a round. Maybe the business doesn’t work, maybe it’s a vanity project for some executive/board member. Without a compelling reason to upset people, these can be allowed to go on for a long time.