I’m convinced the only way to make a startup work, with a few exceptions, is to give away your product or sell below cost.
For years upon years until you get brought out. Then it’s someone else’s problem. Or you IPO and bring in new management to figure out how to make money.
VCs don’t see 20x exits happening for Eval companies, so they have trouble with the losing money for years step
Comments
I’m convinced the only way to make a startup work, with a few exceptions, is to give away your product or sell below cost.
For years upon years until you get brought out. Then it’s someone else’s problem. Or you IPO and bring in new management to figure out how to make money.
VCs don’t see 20x exits happening for Eval companies, so they have trouble with the losing money for years step