Comment on The danger of the mediocre success when testing startup hypotheses (2023)parentComments−kijin2ySettling down with a mediocre product that sustains your company should probably count as success. The vast majority of startups fail, after all. You might have failed to produce a unicorn, but at least you've got a decent workhorse.−sgarman2yVC's have twisted the idea of what a success is for normal entrepreneurs because it doesn't fit VC's 100 failures, 1 unicorn model.
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Settling down with a mediocre product that sustains your company should probably count as success. The vast majority of startups fail, after all. You might have failed to produce a unicorn, but at least you've got a decent workhorse.
VC's have twisted the idea of what a success is for normal entrepreneurs because it doesn't fit VC's 100 failures, 1 unicorn model.