How to avoid building a company you'll hate

http://blog.codetree.com/articles/how-to-avoid-building-a-company-youll-hate.html

by kareemm • 10 years ago

14 2 10 years ago

blog.codetree.com

anandvc• 10 years ago

Valuable framework.

"Venture backed tech companies are built to get huge or die. Like a lottery ticket, you either win big or lose. But outside of tech, it's common to run a business to generate free cash flow for its owners."

Only a small percentage of companies should be pursuing venture capital. Unfortunately, the way the tech media celebrates raising money, it projects that it signifies success. This has misled many startup founders.

kareemm• 10 years ago

Agreed. I think part of the reason this is true is because there are so few models for the other paths.

Big numbers are good stories. Raising $Xm is a much more interesting story to tell than 20% YoY growth to a business that has a natural revenue ceiling of e.g. $20m / year. So the media tells those stories and they become the dominant model.

How to avoid building a company you'll hate

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