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If Instagram is an anecdote , then what are Reddit, OMGPOP, NewToys etc etc? How about 37 signals etc? A billion dollar exit is not the only reason to start a c

• uxp 15y ago
  A billion dollar exit is not the only reason to start a company or work for a startup That's actually what I got from the editorial. A billion dollars shouldn't be your motivation to bootstrap a startup or look to VCs to turn a hobby project into a fledgling company, because 99.5% of the time you'll be disappointed in your constant stream of failure. There are reasons people start companies. If your reason is to get bought out for a billion, you might want to rethink your goals. A billion dollars can happen, and you might want to look forward to it, but in the mean time you'll need to figure out how to get your first 10 customers to fork over some money so you can pay your webhost or landlord in order to fight another month.