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I've been writing this post for a few weeks now, but the SVB collapse made me revisit it and get it posted.
by MagnusHambleton 4y ago
I'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!