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by alabut
5405 days ago
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An amendment to make it more accurate: "...trying to get countries (not companies) to legislatively promote venture capital as the preferred vector for starting scalable startups (one of the 6 types he outlined in the article and not just any company)." |
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The 6 types of companies Blank outlines:
* "Lifestyle companies", like the companies associated with individual professional surfers.
* "Small businesses", like money-losing corner groceries.
* "Scalable businesses" (ie, your typical YC company, "born to be big")
* "Born to flip" companies that are conceived of as features of some other company's product
* "Large companies" like Google
* "Social companies" with missions other than making money
The implication of my brief comment was specifically that this way of breaking down companies suggests that he's promoting venture capital.