Re:My Fifth Year as a Bootstrapped Founder
by password11 on Friday February 10, 2023 @03:22PM
(#34745265)
> The reason the founder isn't doing that now is likely exactly the same reason Uber or other VC startups consistently lose money; they are optimizing for growth, not profit/salary.
Optimizing for growth is very risky and makes sense to VCs. VCs diversify into dozens of companies. The odds that one company will be a moonshot are pretty good. But as an individual founder you're 100% exposed to the growth/collapse of your one company.
Optimizing for growth is very risky and makes sense to VCs. VCs diversify into dozens of companies. The odds that one company will be a moonshot are pretty good. But as an individual founder you're 100% exposed to the growth/collapse of your one company.