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by scarface74
2640 days ago
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Firms aren’t trying to survive the startup phase. That’s just it. A minuscule number of startups ever survive as an ongoing independent entity especially if they are venture backed. Their main goal is to get acquired. Look no further than YC funded companies. Only one has ever gone public. I used to be idealistic about software development and architecture and wanted to do things “right”. When I realized that venture capital backed companies wanted me to just apply enough duck tape to get customers to survive until they got their next round of funding or got acquired, I stopped thinking long term. |
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Of course, reality gets in the way and they often have to cut corners every now and then.