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You bring up an interesting point. Just thinking out loud for a moment here. Is the current VC business model potentially the problem area and not the actual bu
by capybara_2020 2y ago
You bring up an interesting point. Just thinking out loud for a moment here. Is the current VC business model potentially the problem area and not the actual businesses? The need for rapid growth/software company like profit margins when these companies need more time and potentially are like non-software companies in terms of profits?
- disgruntledphd2 2y agoYeah, demanding software level margins for physical world businesses basically hasn't worked anywhere in the past ten years. Like the only success I can see is AirBnB and that's because houses are expensive and in short supply.
- skywhopper 2y agoI mean, AirBnB has contributed directly to the housing shortage in many areas, so I'm not sure it "worked".
- disgruntledphd2 2y agoFrom a financial perspective I think it's worked. From a societal perspective I'd agree with you.