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Startups tend to be halfway between taking over the world and bankruptcy. That's why we love them and founders sleep on floors.
by spodek 13y ago
Startups tend to be halfway between taking over the world and bankruptcy.
That's why we love them and founders sleep on floors.
- vikrum 13y agoI'd go so far as to say all companies balance this act. A company can implode at any stage of its life. See: Nokia, Blackberry, etc.
- cpach 13y agoGood point. But for example, in 2007 I’d say Blackberry were miles and not inches from death. They could probably have steered in another direction.
- drp4929 13y agoWith billion dollar valuations these are not startups rather corporate giants.
- adventured 13y agoObviously not inherently true, and in no way tied to valuation. Instagram, as one easy example, had a billion dollar valuation with three dozen employees and was anything but a corporate giant.
- sgustard 13y ago"Only the Paranoid Survive" - Andy Grove. The best-managed companies maintain this attitude rather than getting complacent.
- onedev 13y agoYeah, come on people Dropbox and Square are far from "startups". With hundreds of employees and billion dollar valuations...