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How many didn't you see because they got strangled in the crib by regulation?
by johngladtj 3y ago
How many didn't you see because they got strangled in the crib by regulation?
- PeterStuer 3y agoI saw very many from near conception when they were applying for very first funding. Don't get me wrong, regulation is a serious topic, but for startups outside of specific domains such as healthcare, it is not realy a thing that seems to stop people from entrepreneurship. Part of that is certainly that startups just don't care that much and have a we'll worry about that once we are making our first 10 million arr attitude.
- gazarullz 3y agoSo, from you experience, what were the main show stoppers for the startups that you had the chance to see/observe?
- PeterStuer 3y agoBuilding things that nobody was waiting for without a sound businessplan. Grossly underestimating required technical knowledge and investment being a close second.
- johngladtj 3y agoWhy dodge the question? The ones that got to the point of applying for the first funding are the survivors in the survivorship bias.
- PeterStuer 3y agoGiven that these applications could occur before a company was even legally founded, I doubt much 'survival' before that point was necessary.
- johngladtj 3y agoReally? You don't think prospective businessmen think "I'd like to do this, but those regulations make it stupid to even try?" You can add at least 1 prospective company to that number. Mine. I wanted to do something, but the costs of compliance were so high it would be stupid of me to even try.