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Huge exits may be a sign of success, but only in SV are they the only sign of success. Technology success and railgun-style startups are orthogonal.
by saosebastiao 13y ago
Huge exits may be a sign of success, but only in SV are they the only sign of success. Technology success and railgun-style startups are orthogonal.
- nickff 13y agoThe reason why huge exits are so important is that they are what the venture capital industry relies on. It appears that New York(ers?) is/are attempting to develop a VC funded entrepreneurship sector, which requires the existence of big exits.