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by philwelch 2418 days ago
I think the point where you stop trying to pivot into higher and higher growth opportunities and accept your fate as a sustainable but small business could be classified as a form of “death” (perhaps “undead”) if your original goal really was to get rich.
2 comments

Imagine how much better the tech industry would be (in countless ways) if more business owners were content with "small but sustainable".
That’s all well and good, but I think pg is writing more for founders who want to go big. And just like on StackOverflow, it’s not necessarily helpful to derail conversations around “how to do X” with arguments over “whether you should want to do X in the first place”.
Underrated comment.

A lot of the reason business owners aren't more content with "small but sustainable" is because it isn't compatible with the venture capital model. It doesn't "return the fund".

Then it becomes a tautology. If you manage to avoid not getting rich, you get rich.
Some tautologies work. I think giving up is a more common failure mode than dying of old age while constantly trying to build a startup but never succeeding. Obviously it’s more reasonable to give up at some point, but that point is going to be later than most people emotionally assume it to be. I don’t think many people will try and follow pg’s advice and be constantly repivoting their startup for 40-60 years of their life.