Re:To start a billion dollar startup, start looking for prob...
by gehwartzen on Friday August 04, 2017 @10:10AM
(#14928760)
I'm not really in the tech scene but often wondered just this; Are there really a lot of entrepreneurs with a genuine goal of creating a 1B company? From the venture capitalists perspective of course that makes sense but most engineers I know really just want to design products and have control over the direction of the company. Seems much easier if your content with a 25m (or even less depending on how many partners) company.
I mean I can understand you need a 1B company if your going to be building rockets or autonomous cars but I would imagine this doesn't apply to 99% of founders.
Re:To start a billion dollar startup, start looking for prob...
by petra on Friday August 04, 2017 @11:04AM
(#14929200)
Solving big problems and creating big companies is really exciting for some entrepreneurs. For that you need VC's and so now your implicit goal is $1B.
I mean I can understand you need a 1B company if your going to be building rockets or autonomous cars but I would imagine this doesn't apply to 99% of founders.