Re:Billion Dollar Startup Ideas [video]
by riku_iki on Sunday November 15, 2020 @09:14PM
(#25107204)
1-2mn is likely much more fragile source of income in a long term comparing to capital acquired from successful unicorn.
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Re:Billion Dollar Startup Ideas [video]
by ineedasername on Sunday November 15, 2020 @10:06PM
(#25107527)
Sure, but that's a bit like saying "if you have a job, you could lose it. But if you win the lottery you're pretty much set"
Re:Billion Dollar Startup Ideas [video]
by riku_iki on Sunday November 15, 2020 @11:24PM
(#25107995)
It is not about level of income, but about long term sustainability, which I believe should be main goal.
Small business is fragile endeavor, comparing to both regular employment and scaling small business to larger one with higher resistance to risks.
Re:Billion Dollar Startup Ideas [video]
by ineedasername on Sunday November 15, 2020 @11:31PM
(#25108036)
Sure, but if stability is your goal, you're much more likely to find stability by attempting to create a small business than by attempting to create billion dollar business.
My suspicion is that a person who is constantly chasing a billion dollar business is going to have to make a lot more hops than someone chasing a more modest goal.
This is not a recommendation to avoid those billion dollar goals, just an observation on relative probabilities, and what is an appropriate target if your goal is stability.
Re:Billion Dollar Startup Ideas [video]
by KareemAbukhadra on Sunday November 15, 2020 @09:35PM
(#25107331)
eh. not necessarily.