In Defense of Starting a Bad Business
Reflecting on My Failure to Build a Billion-Dollar Company
sahillavingia.com
The mistake is thinking your startup idea is venture-scale and getting on the VC treadmill. Once you’re on the treadmill, here’s what changes:
- High growth expectations: VCs are looking for companies that grow big enough fast enough. If your business isn’t suited to this kind of rapid growth, it can lead to undue pressure and unrealistic
Lenny Rachitsky • Your startup idea probably isn’t venture-scale
Boom time startups vs Gloom time startups
The stock market is a little bloody today, so it’s about time to write this essay.
When the startup market is booming, people become eager to start up new companies. Money’s flowing, there’s lots of excitement, everyone’s experimenting with new tech,... See more
andrew chenx.com