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> Anyway, I honestly don't understand the craving to hit a $billion business. It's completely unrealistic I think what the author is missing is that founders c
by brigadier132 3y ago
> Anyway, I honestly don't understand the craving to hit a $billion business. It's completely unrealistic
I think what the author is missing is that founders could have massive exits in the previous bubble in Series B rounds and walk away with millions. With that possible outcome available it's rational for founders to play the bubble game.
Otherwise, I agree, defining success as building an $X billion revenue business is completely irrational when there are infinite many success scenarios between 1million and $1 billion in revenue that you miss out on once you over grow your business' expenses.