4 ms·
It kind of reads like some sort of VC version of the Drake Equation.
by lvncelot 3y ago
It kind of reads like some sort of VC version of the Drake Equation.
- consp 3y agoThis is simply "calculating yourself into richness", and in the mean time forgetting a lot of cost and failure modes. If you can get money from a VC that way the joke is on the VC.
- adhesive_wombat 3y agoI've heard the same flavour of equations from everyone I've ever heard talking about starting a company. One guy was calculating that if he sold his gadget to "just" 10% of people in Africa, he'd make so much money. Spoiler: he did not sell a thing to 10% of people in Africa.