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by n_ary
1044 days ago
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> "growth at all costs even if it means no profits" It is kind of virology technique, you grow and generate adequate hype at a short-term loss, so you can gain a long-term market domination(or even a good fractional slice of the large market at least) before you start generating profit/returns. > "I have a $1K MRR and it's just enough to subsist eating ramen" How do you return on the investment VC made? Also, lifestyle startups are not innovative(in a certain sense) and very sensitive and go out of business on small market/demand changes. But then again, I have limited sample size and could be in my own limited bubble. |
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