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I 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 outsid
by PeterStuer 3y ago
I 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.