Re:Valley VCs Sit on Cash, Forcing Startups to Dial Back Amb...
by Johnny555 on Wednesday March 09, 2016 @09:35PM
(#11257113)
Strictly speaking, unless it's a "network effect" situation like a social network, you probably don't need to grow fast
If you have an easy to copy idea (look at what happened to Sidecar after Uber swooped in), if you don't grow fast, someone else with more money is going to take your idea and run with it. If they grow faster than you, then you'll be squeezed out.
If you have an easy to copy idea (look at what happened to Sidecar after Uber swooped in), if you don't grow fast, someone else with more money is going to take your idea and run with it. If they grow faster than you, then you'll be squeezed out.