[hamsterbooster0]

The author seems to forget that not all startup can be sustained by customer revenue in the first few years (i.e. biotech or self driving car industry) Even very successful companies like google or snap wouldn’t be able to thrive without funding at the start.

[ralphstodomingo]

Pretty controversial of me to believe so, but what if those sectors aren't really for startups? I'd wager they're more accessible to well-established companies belonging in a horizontal industry beside those.

[vulcan01]

Then we wouldn't have Rivian, for example. Competition can be good.

[Nextgrid]

> snap

As far as I know that one is still on very shaky grounds as their profit comes from pushing really trashy clickbait and I think they've already maxed out the amount of clickbait their users are willing to take so they can't scale that aspect any further. Not to mention that Instagram basically took over their target market, at least in my circles.

[seek3r00]

That’s true. If this is the case, is it enough to do a good job in growing the business, in order to maintain control of it, or you can do something else to ensure that investors won’t pull the carpet from under your feet?