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> Startups that go to zero tend to do so fairly quickly. I wish this were true. Far too many founders are willing to stick it out in hopes that if they just ke
by borski 2y ago
> Startups that go to zero tend to do so fairly quickly.
I wish this were true. Far too many founders are willing to stick it out in hopes that if they just keep building, sales will come. Of course, it doesn't, so they waste a decade on what could have been two years.
- icedchai 2y agoI've seen this a few times, also. There's hope that the big sale is only another month or two out. More often than not, it never happens. Meanwhile, small sales happen, they trickle in, but nothing that moves the needle. Pretty soon you waste 5 to 10 years.
- jedberg 2y agoThose are the ones that usually have a less-than-1x-but-not-zero exit though. They make enough to stay alive and eventually throw in the towel. Doesn't always happen that way of course, but from what I've seen, the zero exits are the ones that burned hard quickly and then couldn't get more funding but never found any PMF.