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Re:Boundary Conditions, Rain, and Startup Fragility by MagnusHambleton on Tuesday March 14, 2023 @04:51AM (#35148830)
I've been writing this post for a few weeks now, but the SVB collapse made me revisit it and get it posted.
Re:Boundary Conditions, Rain, and Startup Fragility by quickthrower2 on Tuesday March 14, 2023 @07:14AM (#35149733)
Exploring the opposite: what do unfragile startups look like? I worked for one but the catch is it taking much longer, like decades, to grow to a unicorn, as it is run more like a business. Generally the growth is from reinvesting revenue not outside investors.
Re:Boundary Conditions, Rain, and Startup Fragility by MagnusHambleton on Tuesday March 14, 2023 @07:20AM (#35149772)
Yes exactly — a lean, bootstrapped startup is a much "safer" bet, but also has much more limited upside potential. There are still a few unicorns out there that took that path, or switched to being VC backed later in the game!