[e2e4]

Your comment is spot on about the types of businesses that VCs are funding - the ones with "explosive" growth potential (with the expectation that it happens quite soon).

I do disagree that startup has to be growth centered. By virtue of software for which the distribution costs are practically 0; most software companies have potential for a significant growth (unless they are targeting a very narrow audience). It seems that the growth would come naturally once you have a product of high quality (with sufficient exposure/marketing). Hence shouldn't the primary focus of startups be on producing a product of high quality?