Re:My Fifth Year as a Bootstrapped Founder
by yieldcrv on Friday February 10, 2023 @01:20PM
(#34743509)
It actually highlights the survivorship bias in startups
TinyPilot is an okay venture, if they raise outside capital or do a big exit they will look like an overnight success
Everyone else will have tried the single venture five iterations ago, gone in debt and had to get a job for the next 10 years before hoping their life, family and health let them try again
Richer people just iterate faster, are flexible enough to upskill if they chose to apply themselves in this way
TinyPilot is an okay venture, if they raise outside capital or do a big exit they will look like an overnight success
Everyone else will have tried the single venture five iterations ago, gone in debt and had to get a job for the next 10 years before hoping their life, family and health let them try again
Richer people just iterate faster, are flexible enough to upskill if they chose to apply themselves in this way