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by soundlab
5107 days ago
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I have such a hard time with these studies that view everything through the lens of venture capital. What a horrible metric for sustainable business creation. How many accelerator companies are breakeven, steadily growing businesses? Isn't there something to be said for stable ground? Cash positive, lateral expansion into markets and positions leveraged on traditional debt sources? The richest guys I know started out 30 years ago and built on strong fundamentals, not on "demo day funding requests" and "exits". Too many young entrepreneurs are clouding their judgement by aligning their decisions with those of VCs and articles like this. |
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