Comment on Dropbox and Uber: Worth Billions, But Still Inches From DisasterComments−spodek12yStartups tend to be halfway between taking over the world and bankruptcy.That's why we love them and founders sleep on floors.−vikrum12yI'd go so far as to say all companies balance this act. A company can implode at any stage of its life. See: Nokia, Blackberry, etc.−cpach12yGood point. But for example, in 2007 I’d say Blackberry were miles and not inches from death. They could probably have steered in another direction.−onedev12yYeah, come on people Dropbox and Square are far from "startups". With hundreds of employees and billion dollar valuations...−drp492912yWith billion dollar valuations these are not startups rather corporate giants.−adventured12yObviously not inherently true, and in no way tied to valuation.Instagram, as one easy example, had a billion dollar valuation with three dozen employees and was anything but a corporate giant.−sgustard12y"Only the Paranoid Survive" - Andy Grove. The best-managed companies maintain this attitude rather than getting complacent.
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Startups tend to be halfway between taking over the world and bankruptcy.
That's why we love them and founders sleep on floors.
I'd go so far as to say all companies balance this act. A company can implode at any stage of its life. See: Nokia, Blackberry, etc.
Good point. But for example, in 2007 I’d say Blackberry were miles and not inches from death. They could probably have steered in another direction.
Yeah, come on people Dropbox and Square are far from "startups". With hundreds of employees and billion dollar valuations...
With billion dollar valuations these are not startups rather corporate giants.
Obviously not inherently true, and in no way tied to valuation.
Instagram, as one easy example, had a billion dollar valuation with three dozen employees and was anything but a corporate giant.
"Only the Paranoid Survive" - Andy Grove. The best-managed companies maintain this attitude rather than getting complacent.