Being a Startup Founder is a minimum wage job — Here’s the proof
The second structural problem with the VC industry is that most venture firms are selling a product that is fundamentally an undifferentiated commodity — capital.
Erik Torenberg • Productizing Venture
If they hadn’t raised at a $200m valuation that wouldn’t be the end of the world. But now, the indie hacker path is out of the question.
Nathan Baschez • Roam’s Road Ahead
“Over 70% of startups fail or die. 3% of companies exit above $100 million, 0.7 % exit above $500 million, 0.2% exit above $1 billion, 0.06% exit above $2 billion. In the 1,000 companies hand-selected and funded by venture capital, only two of them can get to an exit over $1 billion. Five companies exit between $500 million and $1 billion. A total
... See moreNitya Rajendran • Finding Genius: Venture Capital and the Future it is Betting on
Of every twenty startups, usually only one will become a runaway success story, providing a 10X or even a 100X return to VC investors (see Figure 2).
Ilya Strebulaev • The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
