4 ms·
I think Ryan and PG have a different idea of what startups are. PG said in response to a question at FOWA that he was talking about startups designed for acquis
by danw 19y ago
I think Ryan and PG have a different idea of what startups are. PG said in response to a question at FOWA that he was talking about startups designed for acquisition by the likes of Google. Acquisition is much easier where there are big established companies to network with. Ryan on the other hand seems to be talking about bootstrapping and building to last, which doesn't depend on the benefits of SV as much.
- jey 19y ago"bootstrapping and building to last, which doesn't depend on the benefits of SV as much" Why's that? Funding, connections, deals, etc are still very important. If you want to grow your business at all, whether it's to an acquisition, IPO, or whatever... those things are still important.
- run4yourlives 19y agoI think you nailed it. PG doesn't view something like dropsend as a startup per se. To him that's just a small business with a chance at being successful. Ryan sees Dropsend from a founders point of view: a significant success, but not something that's going to be acquired by Google for $xxM. They're arguing from two different positions about two different things.
- pg 19y agoI certainly did not say that. What I said was that if there was no exit, it wasn't a startup. IPO is also a form of exit. But the conclusion here is also false: you need bold and intelligent investors even more to build a long-lasting startup like Google.
- danw 19y agoMy bad, I must have missunderstood what you said.