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by capybara_2020 811 days ago
You bring up an interesting point. Just thinking out loud for a moment here. Is the current VC business model potentially the problem area and not the actual businesses? The need for rapid growth/software company like profit margins when these companies need more time and potentially are like non-software companies in terms of profits?
1 comments

Yeah, demanding software level margins for physical world businesses basically hasn't worked anywhere in the past ten years.

Like the only success I can see is AirBnB and that's because houses are expensive and in short supply.

I mean, AirBnB has contributed directly to the housing shortage in many areas, so I'm not sure it "worked".
From a financial perspective I think it's worked. From a societal perspective I'd agree with you.