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Boundary Conditions, Rain, and Startup Fragility
- MagnusHambleton 4y agoI've been writing this post for a few weeks now, but the SVB collapse made me revisit it and get it posted.
- deleted 4y ago[deleted]
- quickthrower2 4y agoExploring the opposite: what do unfragile startups look like? I worked for one but the catch is it taking much longer, like decades, to grow to a unicorn, as it is run more like a business. Generally the growth is from reinvesting revenue not outside investors.
- MagnusHambleton 4y agoYes exactly — a lean, bootstrapped startup is a much "safer" bet, but also has much more limited upside potential. There are still a few unicorns out there that took that path, or switched to being VC backed later in the game!
- steve_gh 4y agoGood article. Reminds me of the old climbing mantra: The best way to learn is through experience. Usually a very frightening one.
- MagnusHambleton 4y agoHaha very true — as a climber I relate 100%.
- makraan 4y agotimely!
- frobisher 4y agoNicely isomorphic to Musk's point on the affordability threshold - https://www.youtube.com/watch?v=BOTs6xdx278&feature=youtu.be https://www.youtube.com/watch?v=BOTs6xdx278&feature=youtu.be
- MagnusHambleton 4y agoInteresting, will watch