3 ms·
What you say sounds reasonable. Can you provide any anecdotal evidence or case study that would make your comment less random-dude-on-HN-said-this and more grou
by frfl 3y ago
What you say sounds reasonable. Can you provide any anecdotal evidence or case study that would make your comment less random-dude-on-HN-said-this and more grounded in fact/evidence.
Edit: I mean specifically something like this article that was linked in another comment on this thread, https://medium.com/@andrewkemendo/first-time-founders-and-the-trouble-with-founder-friendly-terms-e804a9783b5c https://medium.com/@andrewkemendo/first-time-founders-and-th... Just to help ground what you suggest in your comment to something concrete.
- dvt 3y agoI think that the idea is that if you need (operative word) to buy one dollar for two dollars (not exactly the scenario, but imo the analogy works), then your business probably sucks. This is true more often than it is false. Basically, you're betting the one dollar will turn into 2+ dollars, but by that point the business model should've already been proven.