How to go from being a super hot company to lucky to get acquired in less than 24 months
Joe Fernandezjoefernandez.substack.com
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How to go from being a super hot company to lucky to get acquired in less than 24 months
I distinctly remember at Microsoft in the late 90s, walking around campus and there was just all the folks sort of saying, God, we must be God's gifts to mankind because we are so good now that the market also recognizes it, except that it was obviously the beginning of the end in some sense, right? The day hubris takes over and you're not grounded... See more
Matter
There are some phenomenal products in some of the companies that were overfunded and are haunted by past decisions. The valuations at which these companies raised capital set them on the wrong path - a path that fails to attract and reward critical talent, a path that incentivizes excess expenditure for growth at the expense of structuring a... See more
Scott Belsky • The Great Sobriety for Venture Investing, Where To Start with AI, & Undeniable Data
Lessons for Founders
Old habits die hard. At YC I would give a lot of advice to founders, so it’s hard not to offer a few thoughts for anyone building a venture-backed silicon valley company.
First: it is your responsibility to have a direct conversation with your customers, constituents, potential employees—whoever. Even if it’s personally taxing,... See more
Old habits die hard. At YC I would give a lot of advice to founders, so it’s hard not to offer a few thoughts for anyone building a venture-backed silicon valley company.
First: it is your responsibility to have a direct conversation with your customers, constituents, potential employees—whoever. Even if it’s personally taxing,... See more