3 ms·

> At first glance, there doesn’t seem to be anything that’s explicitly wrong with this argument. I agree with all the base ideas, and I found myself nodding to

by adql 4y ago

> At first glance, there doesn’t seem to be anything that’s explicitly wrong with this argument. I agree with all the base ideas, and I found myself nodding to the intermediate propositions. The logical correctness of the argument wasn’t a problem. No, my unease stemmed from experience: I knew this wasn’t the right way to think about raising capital. But I couldn’t begin to construct an argument that went against it. The original argument could be very easily argued - you just might not have enough money to get your foot in target market in the first place and not every business can be stared by single person and some savings anymore. I don't see why author of article didn't just do that instead of pages of arrogant faffing because he got offended he couldn't invent a counter-argument to a (not only one, just one) way to make sensible business that many people succeeded just fine utilizing

IshKebab 4y ago
> pages of arrogant faffing Good description. If you have a point to make, make it!
sarchertech 4y ago
If you read the original article, the author says right at the beginning that of course some startups should raise money. The original argument was just that it shouldn’t be the default position.
- ilyt 4y ago
  Right but that makes this rambling even more pointless. It's as if author just doesn't have any sensible reasoning for his gut feeling that "startups should raise money by default" then is annoyed that he can't produce anything sensible on the topic but someone else can produce reasonable argumentation for opposite, then started giving up random examples of how not-startups companies use cash flow, and nothing there was really related to original topic on how to start and grow your startup. And all of the examples fit nicely into hard to get/expensive to get markets that need a bunch of money upfront > I’m not suggesting that there are never reasons to take outside investment. Obviously there are. But, we should recognise that doing so comes with significant trade-offs and difficulties that mean it shouldn’t necessarily be the default. that the original article suggested.

by adql 4y ago

IshKebab 4y ago

> pages of arrogant faffing Good description. If you have a point to make, make it!

sarchertech 4y ago

If you read the original article, the author says right at the beginning that of course some startups should raise money. The original argument was just that it shouldn’t be the default position.

ilyt 4y ago
Right but that makes this rambling even more pointless. It's as if author just doesn't have any sensible reasoning for his gut feeling that "startups should raise money by default" then is annoyed that he can't produce anything sensible on the topic but someone else can produce reasonable argumentation for opposite, then started giving up random examples of how not-startups companies use cash flow, and nothing there was really related to original topic on how to start and grow your startup. And all of the examples fit nicely into hard to get/expensive to get markets that need a bunch of money upfront > I’m not suggesting that there are never reasons to take outside investment. Obviously there are. But, we should recognise that doing so comes with significant trade-offs and difficulties that mean it shouldn’t necessarily be the default. that the original article suggested.