At all. All the standard business knowledge and tech knowledge that is comon knowledge today had not yet been figured out. Incubators were not a thing.
Seeing that most startups are failing and the only YC company that has ever gone public - Dropbox - is still not profitable, I am not sure that we have “figured it out”, if you define “successful” as a company that makes a product that can sustain a company profitable.
How many successful exits have been through acquisitions by larger companies where the original product was killed either outright or through neglect.
Comments
At all. All the standard business knowledge and tech knowledge that is comon knowledge today had not yet been figured out. Incubators were not a thing.
Seeing that most startups are failing and the only YC company that has ever gone public - Dropbox - is still not profitable, I am not sure that we have “figured it out”, if you define “successful” as a company that makes a product that can sustain a company profitable.
How many successful exits have been through acquisitions by larger companies where the original product was killed either outright or through neglect.