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> Hype is what startups do. Because hype is valuation and the path to exit with $$$$. Hype is a short term drug and has a very rough landing. > So ... is the
by indymike 4y ago
> Hype is what startups do. Because hype is valuation and the path to exit with $$$$.
Hype is a short term drug and has a very rough landing.
> So ... is the hype just a legitimate "vision" for the company/product? Or is it outright fraud
This is the hard part of being a tech investor. It's also what motivates me as a founder. I don't want to sell or invest in hype. I want to make customers happy and my employees and investors wealthy because my customers are happy and paying. I might be naive, but growth to me is a symptom of doing it right, not just spending boxcars full of money on marketing and opinion shaping and then selling to some unfortunate private equity company before the whole thing falls apart.
- AtlasBarfed 4y agoI dunno, Uber hasn't crashed yet. At some point, from a founder's perspective, you get so big that it doesn't matter if it crashes. I mean, how much have Uber's founders actually made? You know, assuming Uber isn't sustainable, things have been quiet on the doom and gloom for that. If your ride gets hitched to enough cash from influential people, your company gets cashed out (and you with it). They'll find a better sucker.
- indymike 4y ago> your company gets cashed out (and you with it). They'll find a better sucker. I don't want to be that kind of founder when I grow up.