2 ms·
A startup doesn't have to be an unstable get rich quick scam as you seem to imply. In other industries besides our's, people expect a new company (also known as
by dinkumthinkum 14y ago
A startup doesn't have to be an unstable get rich quick scam as you seem to imply. In other industries besides our's, people expect a new company (also known as a startup) to also be ... you know ... a company. Honestly, it's comments like these that I feel make tech startups look like caricatures and just silly.
- resu_nimda 14y agoBut that's the culture we've created, isn't it? Is my comment inaccurate? The "tech startup" has become a different animal from a general "new company," largely due to greatly reduced overhead and initial costs. There are still "new companies" in tech, especially hardware. I'm not sure why you call this new model a scam...it's fiercely competitive and certainly high risk, but what makes it a silly caricature? Do you feel the same about YC in general? Because they've definitely been at the forefront of fostering this "start lean and grow fast" mentality.