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God, yeah. This "unicorn or nothing" attitude is so absolutely toxic. There are so many business models that could effectively work and generate hundreds of th
by JohnBooty 2y ago
God, yeah. This "unicorn or nothing" attitude is so absolutely toxic.
There are so many business models that could effectively work and generate hundreds of thousands to tens of millions of dollars of profit but our weirdo obsession with "it has to become the next Tesla or Uber or Apple or NVidia, or it's CRAP" is just awful.
I'm not sure whether to blame VC, or "normal" investors for simply not seeing the value in a profitable business whose ceiling doesn't involve trillions of dollars.