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by Prodigal_Moon
3482 days ago
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The article really lost me with the line "Unsurprisingly, venture capital firms – an equal victim of this culture" In what way is a VC firm a "victim" of investing millions in a startup to try to get in at the ground level of the next unicorn? The whole thing is this weird self-fulfilling prophecy cycle. I don't blame either side of the equation, per se. But it sorta kills me how people think of this standardized rite of passage now for launching a startup, getting a ton of money before you've made any, and then exiting. I wouldn't take any of that for granted. |
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